There is a zone of Supply putting downside pressure on the pair. After a big move up to the Zone area, sellers should come in strong within the next 3 bars or so.
Stop Loss would be a bar closing outside the top of the Supply Zone.
Profit target would be the Demand Zone, unless another Demand Zone forms before then.
Stop Loss would be a bar closing outside the top of the Supply Zone.
Profit target would be the Demand Zone, unless another Demand Zone forms before then.
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