SMCSweepFX

EUR/USD

Short
SMCSweepFX Updated   
OANDA:EURUSD   Euro / U.S. Dollar
As we can see, the market has rejected the weekly supply area. after the rejection it gave us a confirmation of a bearish market by giving a CHoCH on the daily timeframe. Once the market gives a retracement to the most recent supply I will look for a short to the 4H demand which still is untapped. if the market should break the supply to the upside i will look for a long to the 4H higher supply.
Trade closed: target reached
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.