Abdulla-yousif

Demand Zone Is Holding The Price

FX:EURUSD   Euro / U.S. Dollar
On 19th of August price had shown respect to the demand zone and now it is retesting it again

On the 1 hour frame a reversed head & shoulder has almost been created. I see that if the neck line is broken then price will rise to the nearest moving average or swing high.


DO NOT ENTER THE TRADE WITHOUT PROPER RISK MANAGEMENT YOU ARE RESPONSIBLE FOR YOUR TRADES
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.