There is a "narrow" candle just before a downward "STRONG" move!
Since it took only "1 hour" for the price to pass through this prices, there might be still some inactivated orders there!
Also some economical reasons has moved the market from the zone that might still be authentic.
The price has perfectly gone far away from the zone.
the Higher time frame is " Strongly BEARISH"
There are strong buyers at 1.04! So watch the market carefully!
Since it took only "1 hour" for the price to pass through this prices, there might be still some inactivated orders there!
Also some economical reasons has moved the market from the zone that might still be authentic.
The price has perfectly gone far away from the zone.
the Higher time frame is " Strongly BEARISH"
There are strong buyers at 1.04! So watch the market carefully!
Comment:
Also the zone has been touched one time and it may make it weaker!
Comment:
Move the SL to 1.0525