Supply & Demand + QML Pattern Analysis for EUR/USD.
Hey there :D
I'm using a Supply n Demand and QML Pattern. On the Daily timeframe i saw a descending channel, so i take decision to try short this pair. And i saw a possible QM Pattern on the 1H timeframe, pattern is not really formed on the resistance area tho, but i saw a Drop base Drop (which is a Supply Zone) on the 4th line of the QM Pattern. So, i'm trying to use the zone for my entry opportunity to short this pair. Hopefully i will formed a QML Pattern. RR is 1:1.9, yea i know that's not really a lot, but it's the only TP area i saw. It's on the Demand Zone below.
Have a good day <3
I'm using a Supply n Demand and QML Pattern. On the Daily timeframe i saw a descending channel, so i take decision to try short this pair. And i saw a possible QM Pattern on the 1H timeframe, pattern is not really formed on the resistance area tho, but i saw a Drop base Drop (which is a Supply Zone) on the 4th line of the QM Pattern. So, i'm trying to use the zone for my entry opportunity to short this pair. Hopefully i will formed a QML Pattern. RR is 1:1.9, yea i know that's not really a lot, but it's the only TP area i saw. It's on the Demand Zone below.
Have a good day <3
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.