EURUSD imbalanced is filled |expect a rise to 1.06941 liquidity

A brown new daily demand zone is in control and it has weakening the daily supply zone i expect price to take out 1.06941 liquidity first before reaching 1.05247 level

Ordine annullato:

1.05247 low is taking out … analysis to the anticipated target is invalid

Trade chiuso: obiettivo raggiunto:

the level 1.05247 is 4H demand zone which i think it should stand, EURUSD create two zones daily supply zone and daily demand zone which makes 4H to be in range.... the idea is to wait for 4H to align with one of the daily imbalance...the daily Supply zone is weak, the level 1.05247 will give strength to the weak supply zone that why i cancelled the order.... it regain strength after liquidating 1.06748 high.