Euro / U.S. DollarShort
Simple Trading.
So I'm a simple guy with a very simple idea.
Price moves between areas of volume. As an example over head supply is very important to my views of markets.
It is very easy to spot as you can look at higher time frames such as Weekly and Monthly. Then look at where it moves up and down through time. In the image below I show a black line to show where overhead supply starts on Euro Dollar at the time of writing (18/1/23).
At these points I simply look for the market to create more ovehead supply. Which looks like break of trend.
Price moves between areas of volume. As an example over head supply is very important to my views of markets.
It is very easy to spot as you can look at higher time frames such as Weekly and Monthly. Then look at where it moves up and down through time. In the image below I show a black line to show where overhead supply starts on Euro Dollar at the time of writing (18/1/23).
At these points I simply look for the market to create more ovehead supply. Which looks like break of trend.
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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.