Disliked{quote} hey Whady, your supply zone on the daily has already been consumed. if you look on a lower time frame such as the 8 hour you'll see price has hit that level. When you mark out on a daily like you did, its good to go into a lower time frame to see where in the daily supply the supply actually is. other wise you just marking out a pivot high or pivot low which wont tell you where the supply actually is. That's just my view regarding trying to find supply or demand levels. the other way is waiting for bullish and bearish engulfing candles next...Ignored
There’s the daily zone. Untested on my chart.
the h4 zone nested within the daily zone. You can also see that the zone is untested.
Then the h1 zone. Fresh still.
I knew, beforehand, that the trade was a risky one because the direction was obviously upwards because price left the weekly demand zone. Also the NFP