EUR/USD 15M - If you wanted to look to sell into this market before we buy longer term you could do, in order for me to deem this as safe I would want to see a break in the last structural low as highlighted above.
Once we have seen the low break this would confirm that price is to continue bearish and that the correction is in play, we can then look to place small buy positions riding them down into our Demand zone.
If we are not delivered with the break of structure I wouldn't deem this as a safe move. If we are however, wait for a pullback into a fractal supply zone as this allows us to get involved with a refined entry and a better RR ratio.
Once we have seen the low break this would confirm that price is to continue bearish and that the correction is in play, we can then look to place small buy positions riding them down into our Demand zone.
If we are not delivered with the break of structure I wouldn't deem this as a safe move. If we are however, wait for a pullback into a fractal supply zone as this allows us to get involved with a refined entry and a better RR ratio.
