Daily trend is bearish. Reacting off 4 hour demand.
4 Hour
Reacting off 4 hour extreme demand. Internally there is a change of character being created. Considering this is an extreme demand zone it is natural to get a strong reaction off here. Keep in mind daily pro trend, so need to see a convincing bullish change in character before taking longs to 4 hour week highs.
M15
There has been a change of character printed after reaction on the 4hr demand, and price is currently in a demand chain taking out previous supply zones.
There is an extreme supply zone present that is unmitigated with a price gap. Healthy price action demands that this gap is closed.
Just monitoring, its NFP today. We trade what the market gives us.
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