Trading the EUR live
Higher TF showing the Daily SD levels. basically this is were we should always kick off when looking for a trade. Helps us see where price may be heading next or what might be in the way once we get into a trade.
As you can see this trade was taken as bounce of support. One could make a case for this to also be a Supply Level. But for me the Trend line and Support level are the stronger factors in play.
Once we entered the trade we see price approaching the top of the range indicated by the brown lines.
TSD
Higher TF showing the Daily SD levels. basically this is were we should always kick off when looking for a trade. Helps us see where price may be heading next or what might be in the way once we get into a trade.
As you can see this trade was taken as bounce of support. One could make a case for this to also be a Supply Level. But for me the Trend line and Support level are the stronger factors in play.
Once we entered the trade we see price approaching the top of the range indicated by the brown lines.
TSD