EURUSD 4 hour expectational order flow still intact and still bearish.
I did think price was going to grab the liquidity at 1.6200 before tuesday/wedensday bearish impulse, but its a good lesson of just because you know where the liquidity is, it doesn't mean you know when the market is going to take it.
But yes we reacted to the 4 hour order block and broke structure nicely leaving some imbalanced price. we are now sat at an daily order block which we could see a reaction from taking price back into discount market.
again the new 4 hour structure and order block at 1.5900 will be vital in holding structure.
probably won't try and trade Monday and just let price develop and see if we are going to continue straight bearish or retrace into the range.
let the market make its mind up and follow the money
I did think price was going to grab the liquidity at 1.6200 before tuesday/wedensday bearish impulse, but its a good lesson of just because you know where the liquidity is, it doesn't mean you know when the market is going to take it.
But yes we reacted to the 4 hour order block and broke structure nicely leaving some imbalanced price. we are now sat at an daily order block which we could see a reaction from taking price back into discount market.
again the new 4 hour structure and order block at 1.5900 will be vital in holding structure.
probably won't try and trade Monday and just let price develop and see if we are going to continue straight bearish or retrace into the range.
let the market make its mind up and follow the money