21st April daily key reversal bar made a new high closed towards the low early indication for weakness ahead. 24th April daily insurance bar closed off the low further indication for weakness ahead. Supply zone for short 1.0830, 1.0870-0910. stop loss: 1.0940, target: 1.0620.
26th & 27th daily bars formed two bar reversal for short. after two bar reversal formation each daily bar did not breach previous bar high, even breached low. supply zone for short 1.3430-65, stop loss: 1.3480-90, target: 1.3240.
