Waiting next week opening for a bounce off the demand level at 1.1250. Setup is Long:
- Entry at 1.12525 (to cover the spread)
- Stops at 1.1221
- First target is at 1.1320
I like this setup because on the higher timeframes there is no fresh supply near current price and the overall trend is bullish, so it's a nice opportunity to enter the uptrend, at least until next 30 min supply level, just above our first target.
Good luck and happy weekend!
- Entry at 1.12525 (to cover the spread)
- Stops at 1.1221
- First target is at 1.1320
I like this setup because on the higher timeframes there is no fresh supply near current price and the overall trend is bullish, so it's a nice opportunity to enter the uptrend, at least until next 30 min supply level, just above our first target.
Good luck and happy weekend!