Using market structure and price action, along with being patient we could see the possibility of a 200pip set up going long.
I would like to see the market enter 164.500 - 164.000 area before dropping down into the 15M TF and looking for an entry long.
Expect the see a liquidity sweep below the Sell side liquidity. As always though, yes, we can analyse and predict to a certain extent BUT ultimately we can only plan what we will do IF the market enters our zones of interest.
Timing plays a big part so try to remain patient and only enter according to your edge and intuition. Stay calm and don't let your emotions get the better of you.
Remember these markets are going no where and the next set up is only around the corner. Happy trading guys!
I would like to see the market enter 164.500 - 164.000 area before dropping down into the 15M TF and looking for an entry long.
Expect the see a liquidity sweep below the Sell side liquidity. As always though, yes, we can analyse and predict to a certain extent BUT ultimately we can only plan what we will do IF the market enters our zones of interest.
Timing plays a big part so try to remain patient and only enter according to your edge and intuition. Stay calm and don't let your emotions get the better of you.
Remember these markets are going no where and the next set up is only around the corner. Happy trading guys!