Euro / U.S. DollarShort
EURUSD - finally out of the range
Price is finally out of the range, now we have a new lower low and lower high. I will be looking to take a short position from either one of the newly created supply zones marked above as we are bearish in the higher timeframes.
For an intra-day perspective, I will be looking to buy into the premium prices once we have a confirmation in the LTF.
My overall bias in EU is currently bearish, so taking a counter trend trade is definitely riskier that's why it is important to wait for confirmation that the price is pulling back to join the longs.
For an intra-day perspective, I will be looking to buy into the premium prices once we have a confirmation in the LTF.
My overall bias in EU is currently bearish, so taking a counter trend trade is definitely riskier that's why it is important to wait for confirmation that the price is pulling back to join the longs.
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