EUR/USD 1D - This market like other quote currency USD pairs is very much bullish, like with previous analysis shared this evening we have been delivered with confirmation of bullishness.
We want to see this bullishness continue and trail us up into our higher TF POI listed above. This means we can look to buy into this market and follow the current correction before we look to sell longer term.
I will be waiting for price to trail us back into a demand zone allowing me to get a refined entry. I will then look to hold that position until we see price tap into my supply zone.
Once we have that penetration we can then wait for the BOS to the downside and wait for price to deliver us with confirmation needed in order to execute those sell positions.
We want to see this bullishness continue and trail us up into our higher TF POI listed above. This means we can look to buy into this market and follow the current correction before we look to sell longer term.
I will be waiting for price to trail us back into a demand zone allowing me to get a refined entry. I will then look to hold that position until we see price tap into my supply zone.
Once we have that penetration we can then wait for the BOS to the downside and wait for price to deliver us with confirmation needed in order to execute those sell positions.