EURUSD inside the zone of supply

5 Sep 2019

After a strong pullback from new lower low,
the market is finally approaching a wide zone of supply.
for traders, who took long trades it is time to close their positions with profit
and look for short trades.

I am also will look for a short trade within this area,
however, I will let the market go bit higher until I see RSI divergence.

5 Sep 2019

Nota

If 4hour candle closes above the zone
Setup will be invalid

5 Sep 2019

Nota

Strong rejection