Price took a sharp move up from the GAP or 4H OB near MS LOW 1.11889. This impulsive move results in the break of MS High at 1.12878. Now Since price has printed a break in market structure i will be looking for a retrace to the GAP area near 1.12400 - 1.2300. This is where i'm planning to long EURUSD.
Will be targeting Previous MS High near 1.13400 marked in Red.
Will be targeting Previous MS High near 1.13400 marked in Red.
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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.