SHUNPO - ONE STEP AHEAD

There are 2 possible direction moves, 1) 1.13130 2) 1.12160 If price were to reject at 1.13130, a possible inverted HNS move may occur with a bullish momentum. If price were to break 1.13130 and headed towards 1.12160, then a possible further break downwards. H4 indicates a previous Demand zone with the lowest at 1.13209. Price may create a daily low as of Monday first before making a high with the trend may shift as bullish daily. I will set up a buy limit at 1.13209 with a tight SL at 1.13144 first. And of course monitoring price movement for the 1st h4 with a targeting move towards 1.1325. If the price fail to touch or break below 1.1325 by the 1st 8 hours, then potential buy target towards the 1.1375 / 1.1400. Additional Notes Looking into it overall just made me realize that the price is playing within the normal zone (outside of HZ) between 1.1425 and 1.1325. As the rejection at 1.1425 indicates a clear rejection onto the UHZ , hence price make a move...

Analysis on what transpire for EUR USD this week (19/11 - 23/11) Monday and Tuesday has created a Bearish Engulfing move which would indicate a potential retest between the body and the shadow zone. Basically the candle rejection on monday and tuesday is in line with a SBR zone at 1.1450 hence the rejection. Wednesday and Thursday indicate a pullback for retest move at the particular zone area before of the so called supply zone. As friday price mades the high first before jumping for the bearish momentum towards the low zone. H4 for the particular Supply zone indicate that there`s another supply within between 1.1425 and 1.1450. Hence it would mean - a strong possible reason for the price to retest the zone concerned. And also a meaning to place a Sell Limit order at that price of 1.1425 with a tight SL of 1.14375 which indicates as of 22/11 that the price would trigger as the high of then h4 of 22/11 was at 1.14331 (differences of 6.1 pips ) and 4.4 pips away ...