Buying towards supply

Another example trade buying at fresh demand towards the daily chart supply. Preferably the arrival strong enough to bounce back the price. Also this is to see if it clears that supply on the daily chart, then any strong drop will be buying opportunity at the daily chart demand level.

EUrusd H1

GOod sign of deep penetration into the demand level. Which means if the price does falls from the supply, there is a least path resistant!

 

 

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2 thoughts on “Buying towards supply

  1. Ahmed says:

    Hi haji,

    Are you back trading again? This time it seems you are not using leverage so it is halal?

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