TRADES OF THE WEEK (EURGBP & USDCHF)

 Good afternoon this bright Friday, I hope you're all doing well and have had a profitable week this trading week. Here are my trades of the week on two pairs I took which are EURGBP and USDCHF. Into EURGBP, price dropped into a major daily demand zone at 0.82600 & 0.82336 which is the origin of the previous rally to the major daily supply zone at 0.84436 & 0.84020. Price filled the major daily range back into the major daily demand zone. Price dropped into demand and formed rejection wicks with candle closes inside the zone followed by a bullish push. Took buy positions during London session at 0.82616 with SL at 0.82400. Setup taken is a drop base rally, a reversal setup and my target is at 0.84020. Price rallied strongly away from demand in a strong daily bullish candle confirming the shift in market structure to bullish. Price gained more momentum rallying 140 pips to the next major daily supply zone at 0.84436 & 0.84020 filling the major daily range back to the major daily supply zone. Target hit.

USDCHF price dropped into a major H4 & daily demand zone at 0.89130 & 0.88770 and broke below forming lower lows on H1 & H4 at 0.88560. Price retraced to retest the broken demand as a new supply before a continuation of the drop lower. Took sell positions during late NY session at 0.89100 with SL at 0.89300. Setup taken is a drop base drop, a continuation setup and my target is at 0.87400.