herotradinggroup

A sideway market with an empty zone below

Short
FX:EURUSD   Euro / U.S. Dollar
Analysing Forex from The Market side & perspective.

The Market went down 100 pips from The Sellers positions at 1.0933 and then today The Market going on sideway until Traders make both positions at 1.0950 for The Sellers and 1.0887 for The Buyers. We can see at the chart that we have an empty zone below indicates that The Market might fill this zone before continue to move. So, we have a prediction that The Market is going to stop out buyer positions and then slowly goes down to fill the empty zone.
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.