Disliked{quote} I didn't quite understand! If we see that price is approaching a D1 speedbump? Take a look at the AUDUSD Monthly demand speedbump, it's the same thing. Once we approach a fresh and original SD area on higher timeframes, we should respect it. If that D1 supply speedbump matches the D1 downtrend and even the Weekly downtrend, then we can set & forget the same way we've done on H4 shorts on eurnzd, euraud, etc. It's all about multiple timeframe analysis, where are we in the higher timeframes. Also, we should never assume that price may reverse....Ignored
your AUDUSD monthly example is indeed what I am referring to. Another example would be EURCAD D1/h1.
eurcad hit D1 speedbump and has started reversing on H1.
thank you once again.