Price is at daily supply zone. It's not a very good level to trade from because it is the second test and as we all know the more tests there are the lower odds we have, but, I will keep an eye on this pair, and if the zone will hold then we might have an opportunity to short on a smaller time frame.
Price reacting from daily supply zone, new h4 supply formed. For those who shorted h4 sz expect to take profits around 0.7670 at daily demand.
Here we have the price reacting from a daily supply zone and forming new supply zones on h4 time frame.
Price at weekly SZ, we might like to look for shorting opportunities on a smaller time frame. For aggressive traders there is a sz on h4 time frame. First target is on daily demand zone, 3-4R, depending on your entry.
Price at weekly sz, we might like to look for shorting opportunities. Some traders will surely short from the daily sz which is inside of weekly, but I prefer to wait for confirmation.
Price at weekly SZ, we might want to look for shorting opportunities on a smaller TF.
Price reacting from daily supply zone, new h4 supply zone formed, it might be an opportunity to short.