neotradingclub

DAILY ANALYSIS // Dec 7, 2022 [EURUSD]

OANDA:EURUSD   Euro / US-Dollar

D | 
We had an internal BOS and are now mitigating this induced Daily supply.
We could have a reaction here to start the daily bearish pullback.



If we do get a pullback, the price could continue from one of these demands.

4H |


This is a decisional area.

We need to wait and see if this supply will hold so we can see a deeper pullback, or we will continue the bullish move.

15M | 


We are currently mitigating this 15M supply nested inside the 4H decisional.

I will be looking for shorts if I get a confirmation that this area is holding.



Watch this demand as we can bounce from here to break the highs. Be active with your management.

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