Several factors pointing to why my bias is long on this pair:
- It is the strongest pair vs. the dollars rise during this recent bull run by the dollar, pointing to a potential stronger bull move when dollar reverses
- Harmonic shark pattern at the demand zone
- Fresh demand zone test
- Fibonacci cluster inside the demand zone
looking for 2:1 reward: risk on this trade, keeping risk small becuase this is a countertrend trade.
- It is the strongest pair vs. the dollars rise during this recent bull run by the dollar, pointing to a potential stronger bull move when dollar reverses
- Harmonic shark pattern at the demand zone
- Fresh demand zone test
- Fibonacci cluster inside the demand zone
looking for 2:1 reward: risk on this trade, keeping risk small becuase this is a countertrend trade.