DariusFxTrading

EURUSD long or short - Supply Demand, Top Down

Alış
FOREXCOM:EURUSD   Euro / ABD Doları
Welcome to a new Update

Monthly:
Bullish environment. The market is currently in the Correction Phase. Long Term we can expect big moves to the upside.

Weekly:
Here we can see clearly that the market is in a bullish Flag. Moving in a very Corrective way. Currently it is also at weekly Support.

Daily:
The daily has two sides. It is currently at a daily Demand Zone. However the market could go easily more to the downside before moving up as we are still in a bearish environment

Lower Timeframes:
The key element is to wait right now for a clean Price Action Confirmation to go long or to go short.

Opinion:
I do expect from this daily demand + weekly support at least a correction move to the upside

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