Bearish on EU this week. I would like to see price reject off this 4H balanced price range and keep falling. In a nutshell I am expecting the high of last week to hold, and the low to be violated. Relevant POIs are annotated on the chart.
This is in line with my expectations of strength on the inversely correlated DXY index.
This is in line with my expectations of strength on the inversely correlated DXY index.
Note
wanted to see more weakness today with price leaving a wick. Considering closing for a partial loss.Note
Nah, sticking it out, ill take my medicine if that's what the market prescribes.Note
leavign orders a little longer to see if price returns to 1H FVG.Let the algo show you its hand.
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Let the algo show you its hand.
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.