Update: EURUSD 4H: 09/12/2022

As we expected, price had a bearish reaction to low time demand zone.

Now we are still bearish with two possible scenarios:

1- Price fall after collecting buy liquidity above 1.61
2- Price touch Daily demand zone and then fall.

In second scenario we can find a good entry price at 1H or 15 Min chart.


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🗓️07/12/2022
🔎 DYOR

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Comment:

Now there is a liquidity pool above 1.05948.

We can expect that price move to collect the buy liquidity and then move downward.

Comment:

As we expected, price move upward.

Now, from here or on our daily demand zone we can search for a good short setup.

Trade active:

Price touched our importand demand zone.
Now we need confirmation in Lowe timeframe.

Comment:

More than 100 Pips so far... !

Comment:

Nice touch and nice reaction.
Still valid.
I expect more bearish move.