Hi guys.
If you look on the 4H chart, you can clearly see break of structure to the upside. With that being said, price will need to do a retest of the last high created so that it can find that 4H resistance (TP)
Price hus been back and forth at a resistance and support level (between the horizontal line). If price continues to show rejections at the resistance level we would definitely do a short sell back to the support level. If price breaks out above the resistance level or break out below the support level that's a different story but for now I'm looking at a sell but...
EURUSD has shown rejections at a resistance level or area. When the market opens on SEPT 6, I will wait for more confirmation of lower timeframe structure/s being broken before taking my first sell.
Have yourselves a good trading weeks guys...✌
