EURUSD – 1H Demand Zone (Outside the Range)
EURUSD is currently trading within a clear consolidation range. However, a 1H demand zone has formed outside the current range, indicating potential for a breakout-retest scenario. This demand lies below the consolidation structure, making it a set-and-forget style entry if price sweeps liquidity and returns to this zone.
EURUSD is currently trading within a clear consolidation range. However, a 1H demand zone has formed outside the current range, indicating potential for a breakout-retest scenario. This demand lies below the consolidation structure, making it a set-and-forget style entry if price sweeps liquidity and returns to this zone.
Trade closed: target reached
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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.