Supply Demand Zone Analysis for EURUSD and GBPUSD – 27 July 2019
Here is a quick supply and demand zone analysis for EURUSD and GBPUSD.
In EURUSD, we have got new demand zone detected. At the same time, the importance of this new demand zone is raised by old (archived) demand zone detected much earlier.
In GBPUSD, we are entering on the massive demand zone. Zone like this you should only concern the price action around the outer levels. I think the first or second bar next week will provide the very important clue about the direction of GBPUSD. In history, GBPUSD dipped deeper and then reversed three times in this zone.
Below are the links to the Ace Supply Demand Zone indicator for MetaTrader 4/MetaTrader 5.
https://www.mql5.com/en/market/product/40076
https://www.mql5.com/en/market/product/40075
https://algotrading-investment.com/p...y-demand-zone/
Here is a quick supply and demand zone analysis for EURUSD and GBPUSD.
In EURUSD, we have got new demand zone detected. At the same time, the importance of this new demand zone is raised by old (archived) demand zone detected much earlier.
In GBPUSD, we are entering on the massive demand zone. Zone like this you should only concern the price action around the outer levels. I think the first or second bar next week will provide the very important clue about the direction of GBPUSD. In history, GBPUSD dipped deeper and then reversed three times in this zone.
Below are the links to the Ace Supply Demand Zone indicator for MetaTrader 4/MetaTrader 5.
https://www.mql5.com/en/market/product/40076
https://www.mql5.com/en/market/product/40075
https://algotrading-investment.com/p...y-demand-zone/