EURUSD short Update - Supply Demand - h4

5 mai 2020

Hello Traders!

The last analysis was great. EURUSD dropped a lot. You can see on the charts. I adapt it for you and we can see how exactly EURUSD respected all Supply Zones. It dropped, then it went back up to grab more liquidity and again drop. Very beautiful. Here you can really see how nice Supply and Demand works.

Now we have some new levels on the chart and also a Swap Zone. Swap Zones are not considered as strong as a fresh Supply or Demand Zone but you should still keep an eye on them. This is why I marked two possible scenarios on the charts.

What can we expect:
A retracement on EURUSD and afterwards a great drop from one of the two zones. On the long run we could see it dropping more but we will see. It is not clear yet. But I also marked for you a daily Demand Zone.

That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.

Thank you and we will see next time
- Darius.