- Price sweep the last high at 1.10800 and started consolidating building liquidity at supply area.
- Considering a huge pole of liquidity also below Equal lows at 1.09400.
- price may drop to 1.06500 demand zone.
* Pivot: 4h closure below 1.09400
- Considering a huge pole of liquidity also below Equal lows at 1.09400.
- price may drop to 1.06500 demand zone.
* Pivot: 4h closure below 1.09400
Note
- 4h closure below pivotNote
- 1h Closure below 1.09100Note
- Weekly closure with +100 pips.Note
- Price dropped +180 pips from pivot price.- We broke the our main low at 1.08400 (change of character)
- We may have a major retest to supply zone at 1.09000.
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.