EURUSD market in a sideways range on the hourly
What I am seeing:
Price has been rejected in this supply zone on a few occasions near price level 1.08900
Price has been accepted at a demand zone near price level 1.08200
My plan:
Reversals out of supply back into demand.
Concerns:
Buying appears strong. Selling appears to be weak. Technically this looks like buyers are lurking below but for the time being I must trade what I see not what I think.
Price has been rejected in this supply zone on a few occasions near price level 1.08900
Price has been accepted at a demand zone near price level 1.08200
My plan:
Reversals out of supply back into demand.
Concerns:
Buying appears strong. Selling appears to be weak. Technically this looks like buyers are lurking below but for the time being I must trade what I see not what I think.