Just decided to take a look the 1 hour time-frame. This is interesting the pair is having bullish momentum from the major monthly demand zone, The pair is also having high pressure from the Daily Supply zone, Buyers and sellers are fighting Between 1.263 and 1.227.
This shows that currently we have massive uncertainty where the Pair might go in the daily and weekly Time-frames. I found this trade basing my idea that the Pair is RE-TESTING the DAILY SUPPLY ZONE. So possibly there is chance for pullback to the Monthly demand zone. So my trade is that lm expecting the Pair to retest the small supply zone in the 1 hour time-frame and then place a short trade. But l will place this trade carefully watching the preceding candles how they are behaving and they're characteristics. If they are convincing l will trade. Cheers
This shows that currently we have massive uncertainty where the Pair might go in the daily and weekly Time-frames. I found this trade basing my idea that the Pair is RE-TESTING the DAILY SUPPLY ZONE. So possibly there is chance for pullback to the Monthly demand zone. So my trade is that lm expecting the Pair to retest the small supply zone in the 1 hour time-frame and then place a short trade. But l will place this trade carefully watching the preceding candles how they are behaving and they're characteristics. If they are convincing l will trade. Cheers