Iam looking to buy on the recently formed daily / 4h demand zone .
my confluence is the liquidity located in the "support" area where most buyers are .. ill wait for the liquidation of the early buyers before initiating my buy positions
going thru GBPUSD 4H , we can see the liquidity formed but the "support" level , we will look for the liquidation of the early buyers first theeem look to buy at our 4h demand zone.
Looking at Eurusd on the 4h , we can see a clear movement to the buy side , we can also see the amount of liquidity created by the current consolidation of price , we will therefore look for a break to the downside of the consolidation to liquidate early buyers - and trigger our pending buy limit order to push price to our 4h supply zone.