Short
EURUSD 4-HOUR OUTLOOK
Reasons for continuation of bearish macro break of structure.
There are buy side liquidities below, giving market a reason to push down.
What are the odds that market will make a run for them?
Good to know that the market is at a strong zone. Given the quick shift in structure upon tapping the supply zone, leading to a break of structure and buy side liquidity generation (relative equal lows).
There's no certainty in trading. Let the market decide then you follow by reacting.
Trading is a game of probabilities.
If the market violates the zone what do you do? Always prepare for what if without being afraid of what if.
There are buy side liquidities below, giving market a reason to push down.
What are the odds that market will make a run for them?
Good to know that the market is at a strong zone. Given the quick shift in structure upon tapping the supply zone, leading to a break of structure and buy side liquidity generation (relative equal lows).
There's no certainty in trading. Let the market decide then you follow by reacting.
Trading is a game of probabilities.
If the market violates the zone what do you do? Always prepare for what if without being afraid of what if.
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.
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.