According to the rules of Mechanical Supply and Demand. We currently created a change of Structure on the M15, So looking at the most recent point above im expecting a bounce or retracement down, then hopefully enter for a buy to continue up
Looking at the current market structure we, have not broken the 4 hour swing high and we far from the swing low. I expect for the EURUSD to continue on a HTF uptrend it will need to first draw on liquidity below my demand, and then rally up. However due to fomc tomorrow we could see that demand zone get mashed through and it could try to break my send 4 hour...
I started using this strategy where when the candle touches the trend line, there is two possible outcomes either a U-Turn or break in Trend- depending on how the candle starts when Frankfurt market opens
Question how can I use price action to better it, having trouble using price action on indices
