FX:EURUSD   Euro / U.S. Dollar
EU giving us almost the same markup as GU but of course they both have their own unique points to take note of, mainly they both sit within bullish swing ranges on the 5min timeframe which is good for our overall bias of running into the FVG and supply as discussed on the 4H markup given last week. My main overview here for EU is that we have a demand zone responsible for sweeping our high but not breaking any hourly structures, so for our higher timeframe view we have to expect a shift to either through our highs giving the low deeper validation or a run lower possibly to sweep the same low we have just mentioned. All of the ideas we have for the higher timeframe are shown within our chart, BUT as always these are just ideas until we find our order flow and bias in line with one another we will simply wait for our trades to show themselves.

Always trade order flow and be open to what and how the market wants to deliver.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.