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Bias Changed on EUR/USD

by Saul L, March 8, 2021

EUR/USD D1 Supply and demand

by Saul Lokier March 8, 2021

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EUR/USD

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Short

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D1

Timeframe:

D1

Analysis Method:

Supply and demand

Analysis:

With the break lower from 1.2000 key level last week, the bias and momentum have officially changed to bearish. There are no demand areas no hold the continuation lower, but there are many supply areas to keep pushing lower. (better visible on lower TF)

Trade Plan:

I will wait for retracements to those areas in order to short the market.

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