DislikedPlanning a short trade on a H4 supply zone on EURAUD. Price has reached a D1 supply area, it's reacting to it forming brand new areas of supply on H4/H1. The D1 is in an uptrend, see that D1 demand areas are being respected and supply areas being violated. This trade could not be a big runner, its target around 1.4500, right at the breakout spot which also is a confluences with the D1 ascending trendline {image} The entry would be on the H4 supply zone. The zone is too wide for my risk, so I have drilled it down to 40 pips. Price might no reach...Ignored
Price maybe reach the stop loss. On h4 we dont have a good arrival so the profit margin its bad.