Looking at some levels of supply and demand on the EURUSD pair. Currently, price is in a supply level, came with strenght to the level, so I thought it might hold good, let's see what happens.
There is also a nice demand level below, at least 20 pips of profit we can take on these trades if they go well.
as long as it holds at this higher level to form a range for several hours, then you can buy the pull back to your Demand level if you see rejection there during London open
Daniel.Dalo
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Yes, I think that's what I'll watch for in this trade. Thank you very much for the comment!
EliteTrader101
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its too bad i don't trade London, it screws up my sleep on the west coast.