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Structuretrading

EU MTF Update: Bull Train Leaving the Station!The market reacted to the HTF (dashed) demand zone and had a strong run upward into the supply zone. Within this run, HTF demand was updated and price reacted to it, pushing price to new highs and deeper into the supply zone. It's difficult to say whether there is any supply left to turn the trend around. It seems likely the market will continue its bull run into the liquidity above. Waiting to catch the train on a pullback into the current MTF demand zone. Next stop: Liquidity! ~Blessed Trading~
Long
by x_2_4
1
HTF Update: EU Uptrend Healthy?Markets are currently in an uptrend, continuing the move at the start of April 2021 after reaccumulating from August through November 2020. Looking at the supply that was tapped into in January earlier this year, price is not showing much sensitivity to the updated supply level. Therefore, expecting the market to continue rising, seeking the liquidity above the high. Typically, would want to see the high at 1.23496 broken to confirm new structure but as soon as the supply level has failed, expecting the low at 1.17042 will hold towards new highs. ~Blessed Trading~
Long
by x_2_4
2