On the bigger picture Weekly, price action is showing it's in an uptrend. HHs & HLs , demand being respected, supply negated.
Taking a long opportunity on a WoW demand zone formed that's been tested by a news spike. Needed confirmation before taking trade.
Break of TL indicates that level still have strong buyers.
If you are applying Supply & Demand methodology in your trading plan, or mere interest,
Be sure to follow me on Tradingview and share your views.
Taking a long opportunity on a WoW demand zone formed that's been tested by a news spike. Needed confirmation before taking trade.
Break of TL indicates that level still have strong buyers.
If you are applying Supply & Demand methodology in your trading plan, or mere interest,
Be sure to follow me on Tradingview and share your views.
Comment:
it's AUDUSD not AUDNZD. Mistake.