EUR/USD 4H - Looking to take this market short as I am wanting to see a continuation in strength un the USD, I have marked out two areas of interest for us.
I feel price will trade us up and into one of to before delivering us with the next bear run taking us lower in the market, its important we wait for confirmation before taking this market short.
In order for us to have the confirmation that enough Supply has been introduced to give us the S&D flip we will want to see price break structure to the downside, this giving us the evidence needed to suggest control in Supply.
Once price delivers us with this we can then look for price to pullback into a fractal area of supply giving us the ability to get involved with a refined entry. I will keep you all posted.
I feel price will trade us up and into one of to before delivering us with the next bear run taking us lower in the market, its important we wait for confirmation before taking this market short.
In order for us to have the confirmation that enough Supply has been introduced to give us the S&D flip we will want to see price break structure to the downside, this giving us the evidence needed to suggest control in Supply.
Once price delivers us with this we can then look for price to pullback into a fractal area of supply giving us the ability to get involved with a refined entry. I will keep you all posted.