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neotradingclub
Dec 7, 2022 12:53 PM

DAILY ANALYSIS // Dec 7, 2022 [EURUSD] 

EUR/USDOANDA

Description


D | 


[1]

We had an internal BOS and are now mitigating this induced Daily supply.
We could have a reaction here to start the daily bearish pullback.

[2]

If we do get a pullback, the price could continue from one of these demands.

4H |



[1]

This is a decisional area.

We need to wait and see if this supply will hold so we can see a deeper pullback, or we will continue the bullish move.

15M | 



[1]

We are currently mitigating this 15M supply nested inside the 4H decisional.

I will be looking for shorts if I get a confirmation that this area is holding.

[2]

Watch this demand as we can bounce from here to break the highs. Be active with your management.
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