This is just a forecast of two possibilities that could happen out of the many. I only use fresh S&D levels. I don't really trade swap zones(break and retest) though.
A sell into the 4h demand off of an 1h supply. nothing to big just a quick scalp is what I am looking for. Lets see what happens. Thinking in probabilities. This would be a sell limit risk 2%
This trade took a total of 48 hours to reach my target.I did go down for a good handful of pips but I didn't want to tamper with my analysis. Glad I didn't. I took a return of 4.28% on this setup. A nice simple supply level to the next demand level was the idea and will always be the idea.
6H supply level going down to 4H demand level, is the trade. price is struggling to break through level. Lets see what happens. Entered on 15M candle close @ 9:15am.
Scalp EU with counter trend trade. Price took liquidity nicely and tested the 30M timeframe fresh demand level at the bottom of the range. Entered on a morning star candlestick pattern of the 15M timeframe and I risk 2% to close half at 50% of my take profit level.
Looking for a down move off the 2 hour "Rally base rally" supply area. Weekly pivot is indicating downwards movement. And the Supply area was created beginning of London.
