GBPUSD Trading with supply and demand
#GBPUSD Forecast
Last Friday market made an upside move at minor resistance level 1.3850. My bias is still bearish because market is still making lower low and will continually drop unless it breaks the downtrend market structure. In the chart i have pointed out the major supply & demand levels. I am hoping market will still keep falling to the demand zone by making downtrend structure. My short sell entry point is in the area of minor support 1.3870. With a decent price action i see it falling to the demand area and we look for price to push up higher from that demand area.
Traders, if you like this idea or have your own opinion about it, write in the comments.
Last Friday market made an upside move at minor resistance level 1.3850. My bias is still bearish because market is still making lower low and will continually drop unless it breaks the downtrend market structure. In the chart i have pointed out the major supply & demand levels. I am hoping market will still keep falling to the demand zone by making downtrend structure. My short sell entry point is in the area of minor support 1.3870. With a decent price action i see it falling to the demand area and we look for price to push up higher from that demand area.
Traders, if you like this idea or have your own opinion about it, write in the comments.
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。