after the tap on the demand zone and a strong shift of 4H momentum candle that show strength of the buyers and weakness of the seller hence expecting a rise to 1.06941.
Note
for supply and demand traders the demand zone is in control ....... any sharp bearish move is an inducement cos new daily bullish imbalance has been created and is in control
Note
i believe the rise should start from here the bearish sell inducement reject after filling the sell imbalance now is balanced, expecting to see a free move to the upside without any major pullback.
Order cancelled
"EURUSD has revers to a bullish sentiment" has been invalidated
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.