Possible EURUSD short off D1 supply zone

EURUSD "IF THEN" scenario

IF price rallies to the D1 drop base drop institutional supply zone which was responsible for eliminating the Weekly DZ, I am setting a pending order with
1/1 RR

Check the snapshot of the CFTC COT report orders for EURUSD since the beginning of the year.
Noticing the numbers for the last 2 weeks, it seems that a shift in positions will occur sooner rather than later

Stay green

Commentaire:

SELL LIMIT order placed

Ordre annulé:

Canceled this position.
The CFTC COT data shows that a move higher is possible
The Non Comms have added longs and shorts also.
Which tells us that a possible momentum shift may happen