In theory, a counter move could come in this way, and the probability could be high. Because the weekly movement is in a downtrend. It cannot be denied that the previously defined D choch is a sweep movement.
As for the movement of the 4h chart, it is seen that a long movement is possible according to the long-term trend. Theoretically, there is a possibility of the opposite movement, which will be shown in the next picture.
Yesterday's news caused a very high movement in the market and broke the setup we were seeing. For today, a decent long trade opportunity appeared on the 15m chart and I was able to trade RRR-1:6 (3:20pips). If you look at the 5m chart, choch movement has confirmed long entry. There is a long entry on the FVG zone of the 3m chart.
As I said, the price has reached the supply zone, so I thought I could make a risk entry. Or you can enter the trade with a confirmation when there is a structural change (choch) in lower time frame.
Yesterday, I saw the EUR/USD trade as going long, but I failed to see the FVG of the 4H chart trend, so I made the mistake of not noticing that the price was falling, and the liquidity of the falling movement was signaling. The trend is currently expected to continue falling, with a move to and from the supply zone defined by the 15m chart.
Nice entry for Fair Value Gap. Only 1-2% risk per trade. After the up movements, the decision to exit the trade will be made based on the movement on the supply zones.
