Sturlison_98

Sturlison_98

This idea is based on my understanding of order flow. A significant drop allowed me to define a supply zone where open sell orders are left over (red zone). After the drop, the price has recovered in a compression zone (Green zone). The compression zone ensures that in this area, where the price is slowly rising, the buy orders are "eaten up" piece by piece....

Sturlison_98 Updated 

I'll take it short about 40 pips until next support.

Sturlison_98 Updated 

This idea is based on my understanding of price action In the red zone are some unfilled sell orders placed. Probably we will see a pullback from that zone. We are looking for a short entry if price reaches the bottom line of the zone. Our SL will be above the upper zone line. If we get an entry, our target will be the yellow line. The yellow line marks the...

Sturlison_98

EURGBP looks very much like the downtrend in the 1h chart will continue. TP Target: 80 pips