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DYJ2924
Mar 1, 2020 5:01 PM

GBPUSD Supply or Demand? 

British Pound/U.S. DollarFXCM

Description

Now it looks like we gonna respect this demand zone . But we have to understand that this zone is already touched by price (anyway the second touch can be tradeble by S&D rules).
If we have price action confirmation on H1-H4 than I buy it till the next supply zone (marked)

The 2nd scenario is the price going down. In this case I gonna sell it with PA confirmation right under zone. Aim is very good in both scenarios.

Comment

I would close 1/2 of order by the reason of NFP. ( 1.30224)

Trade closed: target reached

BUY 1/2 stoped at BE

SELL get full profit
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