EURUSD has reached a prominent key level at the 1.20500 midfigure which is also the demand zone
We have seen price consolidate in this area 3 times last month (February)
After the consolidation we saw price return to the supply zone
We are looking for the same move here. Stop loss was placed below the zone and we will be waiting for price to return to the supply zone.
115 pip move.
Lets see how it goes!
Use proper risk management when entering any trade.
If you have questions feel free to comment below.
Please like this if it helps! I'm trying to grow my reputation on TradingView.
We have seen price consolidate in this area 3 times last month (February)
After the consolidation we saw price return to the supply zone
We are looking for the same move here. Stop loss was placed below the zone and we will be waiting for price to return to the supply zone.
115 pip move.
Lets see how it goes!
Use proper risk management when entering any trade.
If you have questions feel free to comment below.
Please like this if it helps! I'm trying to grow my reputation on TradingView.