On this pair, a bearish setup has emerged after the price created a supply zone in the 149 area. The FOREX48 strategy involves waiting for the price to drop down to the 146.50 area, where a POI zone has been identified, namely a demand zone within a larger demand zone. The objective is therefore a long trade with a target to be evaluated at the time of opening.
Let me know what you think.
Happy trading to everyone.
Forex48 Trading Academy
Let me know what you think.
Happy trading to everyone.
Forex48 Trading Academy
📈 Nicola | EdgeTradingJourney
Documenting my path to $1M in prop capital through real trading, discipline, and analysis.
Documenting my path to $1M in prop capital through real trading, discipline, and analysis.
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.
📈 Nicola | EdgeTradingJourney
Documenting my path to $1M in prop capital through real trading, discipline, and analysis.
Documenting my path to $1M in prop capital through real trading, discipline, and analysis.
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.