Price is coming close to a weekly demand zone.
Entry @9.96
Stop loss set to @9.06
Target close to @18.00, right below a supply zone.
I'll use trailing stops if new significant demand zones form after entry in the event that the trade works in my favorite.
Short dollar since it's reaching a supply zone in the 5min time frame. Trailing stop loss when significant demand zones form. Take profit close to 3.50
If it pulls back to the demand zone I'll buy and hold until it reaches the next significant supply zone. I'll long to go long again after reaching target.
