quick little trade overall have a bullish outlook
There is a fresh 4hr supply zone which price hasn't yet really tested. Good opportunity for potential shorts down to the lower fresh 4 hr zone
Price has not pushed into this 4 hrs supply zone.. If price pushes higher This would offer a good short set up to the lower daily demand
Price hasn't really touched the bottom zone, it has be pushed up before its gotten there which leads me to believe that this could offer a buying opportunity. There is a fresh 4hr zone to aim for which as you can see price has been moving sideways for some weeks. there is a truly fresh demand zone lower.
Order placed 3 pips below zone , stop 3 pips above zone zone to zone
Zone to zone order placed 3 pips before the zone Stops 3 pips above zone 23 pip risk v 269 pips
we can see on the weekly time frame it created a double bottom and on a uptrend going zone to zone clear buying area
4h morning star 1h morning star early london momentum still moving up higher time frames always win so need to trust we have triangle formation waiting for break with our long bias from higher tf we get a last kiss on 15m with lots of nice rejection dojis one more push and rejection of down trend line and then a break with the 5m tf also 30m ftr which was a...