EUR/USD 1H - We can clearly see that price is trading us up in a corrective wave on the higher timeframes, we can look to take part in this move should we see price trade into a valid POI.
I have gone ahead and marked out an area I have in mind that I feel price may trade down and into before taking the next hike to the upside, I feel this will be a great area to get involved in from.
We want to see price trade down and into the Demand Zone I have marked out and reject nicely, delivering us with entry confirmation which will come via a fractal break in structure.
Once price trades us down and gives us confirmation to enter this is when we will be able to get involved trading price up and into the Supply Zone I have marked out above. I will be looking to close any longs once price trades into this area and prepare to take this market short for the next impulse.
I have gone ahead and marked out an area I have in mind that I feel price may trade down and into before taking the next hike to the upside, I feel this will be a great area to get involved in from.
We want to see price trade down and into the Demand Zone I have marked out and reject nicely, delivering us with entry confirmation which will come via a fractal break in structure.
Once price trades us down and gives us confirmation to enter this is when we will be able to get involved trading price up and into the Supply Zone I have marked out above. I will be looking to close any longs once price trades into this area and prepare to take this market short for the next impulse.
