Hi guys, welcome to my first trade idea, this week showed some weakness on the eu, therefore i'm expecting bearish continuation for the next week, im thinking of two scenarios, we could either ascend to the first red line for an immediate rebalance of the weekly candle and then drop while respecting 1hr/4hr market strucure.
or we could go higher first, entering the daily fvg we have just created and bounce somewhere within the 4hr/1hr fvg we created thursday. final tp in both scenarios is the first opposing liquidity pool on h1 and h4 at around 1.03170 . will watch the proposed pivot zoneson the pathways closely in london and ny sessions to look for possible entries.
or we could go higher first, entering the daily fvg we have just created and bounce somewhere within the 4hr/1hr fvg we created thursday. final tp in both scenarios is the first opposing liquidity pool on h1 and h4 at around 1.03170 . will watch the proposed pivot zoneson the pathways closely in london and ny sessions to look for possible entries.
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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.