EURUSD Idea 20/10/2023

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I think EU is pushing up to the higher supply zone so I'll be looking for shorts down to the H4 Demand and then longs from there

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ملاحظة

Potential shorts down to the H4 demand and then into buys

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تم فتح الصفقة

I will place a small risk on this supply zone

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ملاحظة

Loss

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ملاحظة

This is a potential buy trap because price could mitigate deeper into the demand zone but I'll have a crack

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ملاحظة

Removed above order. The double bottoms confirm my idea of a sweep deeper into the zone

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ملاحظة

That's me done. This is all inducements designed to lure us into placing risk so a large player can use our losses to build up their position. The major H4 high or low is on the cards which won't be today so I am going to start my weekend.