EURUSD 06/02/2024 Update
*For my own journaling purposes*
**Blessings**
4 Hour
Trend = Bullish
Price is at extreme discounted demand.
Expecting some kind of a reaction.
Daily trend is bearish, therefore keep in mind HTF expectation is for this zone to fail eventually.
M15
Trend = Bearish
Large gaps as a result of NFP, and considering we are at 4 hr demand it might happen that we react to close the gap before contunuing with daily trend.
**Blessings**
4 Hour
Trend = Bullish
Price is at extreme discounted demand.
Expecting some kind of a reaction.
Daily trend is bearish, therefore keep in mind HTF expectation is for this zone to fail eventually.
M15
Trend = Bearish
Large gaps as a result of NFP, and considering we are at 4 hr demand it might happen that we react to close the gap before contunuing with daily trend.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.