Denand-Supply on live EURUSD chart
I mark supply and demand areas based on pivot points and the last candlestick before the main movements
Reason for marking supply and demand area:
1-There is Range inside these candles, after which the market has decided to move
2-And another reason to mark these candles is that banks and major market players in that area have orders.
There are three Ret Fibonacci figures in the chart:
1-beginning of the main movement
2=beginning of the current price channel and one is the last movement.
3-Start the last move
and DXY trend is bullish
Reason for marking supply and demand area:
1-There is Range inside these candles, after which the market has decided to move
2-And another reason to mark these candles is that banks and major market players in that area have orders.
There are three Ret Fibonacci figures in the chart:
1-beginning of the main movement
2=beginning of the current price channel and one is the last movement.
3-Start the last move
and DXY trend is bullish
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