ZuluTrade Blog


Market View | Monday, February 13, 2017 4:33 AM GMT

Let’s again take a step back to review Friday’s intraday zones, and see how they played out. So, here are the intraday zones and few tips on how you can read them. You could use them as an extra tool with your own trading strategy. Traders look for the best confluence in order to increase their success ratio.


The price consolidates above and below the lower zone. There is a bearish tone but the pair moves sideways. Therefore, we are looking for a new intraday zone.



The pair retraced back on the lower zone and moved upwards nicely.



The pair broke out upwards the zone and now consolidates inside it.



The price moves sideways above and below the upper zone. Therefore, we are looking for new intraday zone.



The pair broke out the upper zone and then retraced on it. It confirmed the zone as support and moved up. Currently, it is consolidating inside the zone.


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