I have Identified a strong demand zone that if plays out could be a great entry for a longer term swing to the upside.
Rally Base Rally has occurred, price has come back to re test a higher zone a couple of times which for me means there is a higher probability now that price won't respect this level.
Demand zone I'm looking at is between the 1.8520 and 1.84900 level.
On the Daily Chart there is a more obvious Supply Zone formed which current price is closer too.
Rally Base Rally has occurred, price has come back to re test a higher zone a couple of times which for me means there is a higher probability now that price won't respect this level.
Demand zone I'm looking at is between the 1.8520 and 1.84900 level.
On the Daily Chart there is a more obvious Supply Zone formed which current price is closer too.