 Top area from a CPR perspective. I'm talking about a really nice set up And this is this is the reason why that CPR can be used on any and every time frame right up because Traders trade daily time frames, right? So let's literally look at why I'm very keen on this From a CPR perspective All right, so lovely Look at that you would have had traders looking at getting involved in this trade on That pinball perfect pinball, right level has been touched once twice three times So it's just Really doesn't get really more perfect than this from a set up perspective now again I have no idea whether Price is gonna react from here, but from a set up perspective This is you know as perfect as it gets because everybody who trades, you know daily time frame everyone can see This pinball right here and then all of a sudden you just get this massive Move up so it not only does a stop stop hunt people if they're using stop loss stop losses It continues going higher, right? Continues going higher. So this is like once they've committed capital here This is the pain phase and it hasn't let them off the hook It really hasn't it off the hook until Pretty much now and where we are Right, so this was the height of pain if they're still in that and then you've got relief So relief is coming around here because they would have put their stop losses above there So they're trying to get out for their original trade. Yeah, their original stop loss Which would have been somewhere around here now if they're getting out for first The original loss then and they sell here, then they have to do what here buy Yeah, so that adds to the demand equation You've also got new traders who are looking at this level. This is the reason why I should like this Resistance zone, I guess resistance should turn to what support buying Yeah, because new traders are getting involved. This is a very obvious level new traders are getting involved here And then you've got traders who sold here and if they're looking to take profit where they're going to take profit At a problem area where it may reverse because it bounced off of here bounced off of here For example bounced off there and it's just a technical pattern So there's going to be new traders looking at taking profit around here if you sold here You've got a buyer to exit so you've got loads and loads of you know demand Coming in here from a technical analysis perspective So when we're looking at from a CPR zone perspective Rather than a daily demand zone perspective in fact this whole area, I would say that whole area there is actually Demand, yeah, there's got to be demand coming in from the top of this Resistance zone and I guess that turn it into support But everything just below that that whole area is demand and that's it's slight differences between, you know Obviously the CPR zone and and the daily demand zone, but this just happens to be on a daily But if I was trading this that's how I would look here. That's an area that one two five You know up down to maybe the round number, you know just before that round number is a really really nice area to look for buy trades You're right also last week. We went over the The reasons why this zone Should likely have more demand there from a technical analysis perspective and understanding all the market participants Then really a supply and you can see that you know, it worked out Of course, we do our fundamental analysis. Why do we want to be a buyer of the euro? Why do we want to be a seller of the yen? Why is the euro a bargain here? But technically from last week's, you know in-depth video the members video You know, we pretty much just broke down exactly why and it might seem obvious for example Well, that's just a level of you know resistance resistance resistance Resistance should turn to support that's a no-brainer But what you need to understand is that not is that not all Support and resistance zones are the same Yeah, and what you want to do is you want to understand why? That support and resistance zone is likely to you know reverse. Yeah, so what we do is we understand all possible market participants Why there's more likely to be demand more demand orders here. Yeah, then suppliers We know as previously explained you've got traders that were caught in their positions here. Yeah pain Up here and then relief and if they went short Here then they have to do what to exit. Yeah, but the buyer to exit Why would a trader stay in their trade because of loss aversion bias loss aversion biases pain feels worst in games feel good traders who don't trade with stop losses tend to move and remove their stop losses and They want to try and get out for their original loss break even how many of us have done that in the past or Continuing to do it still now for example And then you've got new traders entering positions here, right based off of just basically support and resistance very basic Not really understanding why they're getting involved as far as it's only just an accurate level of support and resistance But they would buy here as well Which adds to the the buy equation and you've got traders who went short here and taking profit And if they went short here, then they have to do what to exit they have to buy So this is all demand orders buying is demand orders But if you don't understand that on the levels that you know with we do at trading 180 Then you're not going to be able to distinguish between You know the best support and resistance and supply and demand zone areas So I hope that video helps and you can see pretty much from that absolute low when we were calling this Depending on the entry prices went up at least about 131 pips Within that trade if you managed to get involved at the lows. So yeah, very nice trade and Potentially could still continue to go a lot higher if the yen continues to weaken In a risk with risk on sentiment So decent for the trade, but there was definitely Intra-day, you know examples of being able to get involved in and around these areas here or this area here for a long trade All right guys take care until the next video. Speak to you soon