Last Trade Idea Of 2022The previous SELL idea on this pair banked over 800 pips as we played the top of the longer term range market see related post for this.
Now it is time you can look for BUYING opportunities under 1.05 as we approach the bottom of the MONTHLY longer term range. Starting at 1.05 is a nice weekly DEMAND/BUY zone I expect a reaction inside this area.
I want to see a 12hr or Daily signal occur on my TRFX indicator as price goes under 1.05 and will target the 1.08 SUPPLY/SELL zone where a nice resistance level is located this will be a good SELLING rentry to drop back down to the bottom of the range at 1.03
Note I will only enter the market on the correct signal this idea will likely trigger in the New Year as I expect the markets to slow down now till Jan.
So its time to take a break rest and recoup and enjoy the holidays.
Have a great Christmas and I will see you in the New Year :)
