Price has pulled back into a key demand zone around 1.33540–1.33254, an area of strong support where previous bullish momentum originated. With a clear break of structure to the upside followed by a corrective move down, I'm anticipating a potential bullish reaction from this zone.
🎯 Entry: Within the demand zone
📍 Target: 1.35740 (previous structure level)
🛑 Stop: Below 1.33254
Watching for confirmation before entering. A strong bullish engulfing or break of internal structure will validate the setup.
🎯 Entry: Within the demand zone
📍 Target: 1.35740 (previous structure level)
🛑 Stop: Below 1.33254
Watching for confirmation before entering. A strong bullish engulfing or break of internal structure will validate the setup.
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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.