Tag: demand zone

H4 Demand Zone on EURUSD In Uptrend

Price retraced to demand zone on H4 chart, trend is up and there is enough profit margin until next supply. Limit order placed and filled. (more…)

Buying EURUSD on H4 continuation pattern

This demand zone was more of a continuation pattern (CP) in the form of a rally-base-rally. In this case it did not continue the H4 trend. Probably because the arrival to the zone was not the best, too many bumps. I know that the best probabilities lie at the extremes, that is either rally-base-drop or drop-base-rally. (more…)