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EURUSD what would happen when supply zone forms in a down trend?
Euro / U.S. Dollar
Short
EURUSD what would happen when supply zone forms in a down trend?
By JasonSong
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Sep 24, 2019
2
Sep 24, 2019
This pair is now obviously running in a box, ranging from 1.1060 to 1.0928.
So smart money will just be patient and sell at the top and buy at the bottom.
ps: the zones are also typical supply and demand zones.
Since this pair is in a downtrend, a short at 1.1060 would be a correct trade.
Good luck with you patience and trading!
Supply and Demand
Trend Analysis
JasonSong
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