We have a 1D supply zone open above the current equal highs (marked by red line), this 1day supply zone is around the 1.36 mark and takes us back a little while but has not been mitigated as yet.
1day supply zone will need to see a 1H break of structure to the downside within this supply zone to show a rejection of this price and will then look to get in on a short to the demand zone marked below.
Entry - TBC - between 1.353-- 1.36
SL - 1.375
TP - 1.28
1day supply zone will need to see a 1H break of structure to the downside within this supply zone to show a rejection of this price and will then look to get in on a short to the demand zone marked below.
Entry - TBC - between 1.353-- 1.36
SL - 1.375
TP - 1.28
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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.