GBPAUD

٣١ مارس ٢٠٢٠

Strong demand zone. From Monthly time frame we have a demand zone nesting till daily time frame around the same area. When you drill down further on H4 we have a demand QML. Usual for the institutions in nested zones it becomes expensive on liquidity for them to deep/go further than the daily time frame zone, therefore I perceive an institutional spike at the H4 demand QML proximal line.