I was trying to get a quick snipe in the previous trade and believed that this trade would go up to the 0.69783 zone. However, that wasn't much of a scalp trade due to the fact I made that analysis looking at higher time frames and it was an unrealistic snipe that resulted in the trade not even being triggered.
Now, that I see the supply and demand zones in a smaller time frame, I believe that the market structure will continue downward but before it does we will reach our supply zone and get rejected. Hence this set-up
Now, that I see the supply and demand zones in a smaller time frame, I believe that the market structure will continue downward but before it does we will reach our supply zone and get rejected. Hence this set-up