As you can see, EURUSD is in a small retracement of its uptrend, and in this retracement, it is constantly mitigating the supply zones. Therefore, in this current idea, we will wait for the price to reach the supply zone, if it gives confirmation, execute the sell order, and our target is the HTF demand zone.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.