7Am Continuation. Looking for 1.0583 and 1.057It is Likely we will see a Continuation of Momentum.
This is due to the previous 4hr candle being a large engulfing candle.
It is likely we see more red on the current NY Open 4hr candle, or on the later 4hr candle.
Probabilities speaking.
Price has Continued to Respect Market Structure on Higher Timeframes ->> Daily Timeframe.
4Hr There is Momentum, alot of red candles, alot of sellers sitting patiently to jump on the train at 1.067
I think they are looking for 1.055. We'll see.
