At today's session the price started testing very importent and strong demand zone
made at TF W1. This level correlate with 61,8% Fibo and hidden divergence at CCI
. Put all together, we are getting the zone of strong demand. But .... we must remember, the demand zone
has a quite great width (1.2660 - 1.2740 approx. 80 pips) and is appointed from TF W1, it mean, it can take a time. Therefore we should lokking for demand/suppotr/take out at least at D1 or H4 ( some engulfing
, pericing) in a lower part of this zone. The target for this trade should be supply confluence at 1.3200 level, where is the gap and 38.2% Fibo.