No setup shown on the confirmation timeframe, we see that market keeps delivering us a series of lower highs and lower lows. However even with no setups the market tells us that what happens inside it, its never random, infact price has never shown us the displacement of the levels that we needed to enter or to consider it a possibility, because supply was in control after the first trade where i took partials and it never even wicked a single level.
Now we are shown a break of the 4h low and that means we have to start looking for short trades at least to get to the zone at 0.96660 or even 0.96027, this break is probably just a change of character to go mitigate those zones, or just mitigate some orders under 0.97348 but it can also continue the bearishness on the higher timeframes.
In my approach i would look for a trade to get to the zones underlying, and then probably look for a buy setup if there is no new 4h structure forming.
Last but not least, talking about some shorter term trades i now would look for shorts from the areas above price.
Now we are shown a break of the 4h low and that means we have to start looking for short trades at least to get to the zone at 0.96660 or even 0.96027, this break is probably just a change of character to go mitigate those zones, or just mitigate some orders under 0.97348 but it can also continue the bearishness on the higher timeframes.
In my approach i would look for a trade to get to the zones underlying, and then probably look for a buy setup if there is no new 4h structure forming.
Last but not least, talking about some shorter term trades i now would look for shorts from the areas above price.
Commentaire:
waiting for the price to meet the zone
