We have entered a long position yesterday evening as price returned to Demand area created after breaking trend line liquidity to the upside.
We can see a lovely fresh demand area created on the 1 hour chart for re-entries (Highlighted blue zone)
Want to learn about Supply and demand in further detail, I highly recommend the following to mentor you!
launchpass.com/...ting/traders/v2?via=neil
We can see a lovely fresh demand area created on the 1 hour chart for re-entries (Highlighted blue zone)
Want to learn about Supply and demand in further detail, I highly recommend the following to mentor you!
launchpass.com/...ting/traders/v2?via=neil
Comment:
You can clearly see the targets here in blue. Daily supply zones!
Trade closed: stop reached:
A very frustrating loss. I had taken some profit on the first position, but overall took a loss. The news release impacted this pair more than I'd anticipated. We comfortably went on to hit (and react perfectly) my target supply area
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