Currently, Euro has not breached my 4H level of Resistance, however, if given convincing price action on the LTF it would make sense for price to continue bullishly considering the current structure and the overall range that was created.
Also, looking at the 4H bullish engulfing formed in London is further confirmation of the current energy of price. However, I NEED to see an aggressive run and closure above the range on the 15 min before considering any longs because we are at an area of reversal. At this moment, I'm also considering shorts if given the opportunity, below my 4H level.
Watch for News at 8:30
Also, looking at the 4H bullish engulfing formed in London is further confirmation of the current energy of price. However, I NEED to see an aggressive run and closure above the range on the 15 min before considering any longs because we are at an area of reversal. At this moment, I'm also considering shorts if given the opportunity, below my 4H level.
Watch for News at 8:30
Comment:
It was just brought to my attention that the news is NFP lol, so I will not be trading that. Stay safe!