EURUSD - Supply & Demand
Based on my point of view
- this pair is in compression zone where supply=demand
- this pattern most probably will break the top wedge and going to the fresh supply zone
At the Supply Zone
- wait for rejection/continuation at the supply zone. (Most probably will break it based on my point of view)
- if continuation forms, go long to nearest supply zone
- if rejection forms, go short to nearest demand zone
- this pair is in compression zone where supply=demand
- this pattern most probably will break the top wedge and going to the fresh supply zone
At the Supply Zone
- wait for rejection/continuation at the supply zone. (Most probably will break it based on my point of view)
- if continuation forms, go long to nearest supply zone
- if rejection forms, go short to nearest demand zone
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