by Saul L, February 9, 2021
by Saul Lokier February 9, 2021
GBP/JPY
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Long
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H1
Table of Contents
H1
Supply and Demand
As we can see in the picture attached the price created a new demand below which seems like a great level for a buy continuation position, the price in the H1 or H4 time frames is bullish and therefore it consider as a continuation level
Buy the demand below
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I agree. I’m currently in a short and my target is the demand zone, where I intend to switch to a buy if price action permits. Do you take anything else into consideration apart from trend and supply/demand levels? Like market profile / volume data?