We are seeing that currently, we placed our fresh major supply and demand zones in our trading pair AUDJPY , We got our first confirmation of our demand zone key level being breached. It is deemed worthy of being a confirmation for a reversal since our extension area.
We are currently in a nuetral position with this trading pair and we are looking to go either long or short based off what price action is going to be telling us..
we have the coordinates on each of my zones, in (AQUA) colour so you can see exactly where my zones are.
We are now looking to go short on our next opportunity around the 80.143 area which price spans across the board with height to our higher end of the supply zone at 80.696
As soon as price touches those supply atrea coordinates. we will short
Demand zone has been Penetrated with price so we are looking to shory in our supply zone.
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