First target 1.0888
-50% retracement from
-swing low 1.080
- Point of origin wherein price broke the structure
-swing high 1.098
2nd target 1.08379
- Daily supplyzone/orderblock(OB+ D1)
-point of origin where the price broke structure.
-50% retracement from the whole bullish structure
- Swing low of 1.070
- Swing high of 1.098
Price will reach equilibrium touching the 200 EMA in the future.
-50% retracement from
-swing low 1.080
- Point of origin wherein price broke the structure
-swing high 1.098
2nd target 1.08379
- Daily supplyzone/orderblock(OB+ D1)
-point of origin where the price broke structure.
-50% retracement from the whole bullish structure
- Swing low of 1.070
- Swing high of 1.098
Price will reach equilibrium touching the 200 EMA in the future.
Comment:
Comment:
Price reacting to the daily supply zone. Expect a bearish retracement.
Comment:
Trade active:
Entry limit activated
Trade closed manually:
Comment:
UPDATE!!!!!!!
Here we have
Bearish engulfing daily candle rejecting the Supplyzone (OB- Daily) @ 1.94 area
Price should reach equilibrium @ 1.0838
Which is a Daily Demand zone targeting a 50% retracement from Swing low of 1.07 to Swing high of 1.098
This Daily engulfing bearish candle which formed & reacted from the supply zone is a 100% confirmation market going to the daily demand zone (OB+Daily) & target a 50% retracement.
Here we have
Bearish engulfing daily candle rejecting the Supplyzone (OB- Daily) @ 1.94 area
Price should reach equilibrium @ 1.0838
Which is a Daily Demand zone targeting a 50% retracement from Swing low of 1.07 to Swing high of 1.098
This Daily engulfing bearish candle which formed & reacted from the supply zone is a 100% confirmation market going to the daily demand zone (OB+Daily) & target a 50% retracement.
Trade closed: target reached:
Price successfully reached the target at 1.084. Idea went perfect! 10/10
