X marks the Spot.
For a Bullish Price Action, I expect we hit 1.63620 Supply Zone before heading lower. Price may extend higher to 1.66220 to tap liquidity around that zone. I will be looking for SHORTS there too.
For a Bearish Price Action, I expect the Bears to step in once we touch these zones and drive price lower.
1st Target at 1.55950. If we don't bounce here....2nd Target at 1.51580
For a Bullish Price Action, I expect we hit 1.63620 Supply Zone before heading lower. Price may extend higher to 1.66220 to tap liquidity around that zone. I will be looking for SHORTS there too.
For a Bearish Price Action, I expect the Bears to step in once we touch these zones and drive price lower.
1st Target at 1.55950. If we don't bounce here....2nd Target at 1.51580
Trade active:
Liquidity tapped. Trade idea active at 1.66220, With stops at 1.67252