Key points for tomorrow pre CPI day eur/usd
daily items: yellow
4 hour: blue
1 hour: green
15m: red
Im looking for this points for tomorrow ahead to position a favourable trade for the CPI release. I forecast according to the weekly, daily, COT data and seassonality that eur/usd is most likely creating the first stages of a bull rally. I expect for tomorrow a consolidation scenario. so the strategy is to take a position at the bottom of the side ways movement leaving an small stop that hopefully could maintain my position till CPI. If the levels dont function I wont insist much on them
SMC concepts
4 hour: blue
1 hour: green
15m: red
Im looking for this points for tomorrow ahead to position a favourable trade for the CPI release. I forecast according to the weekly, daily, COT data and seassonality that eur/usd is most likely creating the first stages of a bull rally. I expect for tomorrow a consolidation scenario. so the strategy is to take a position at the bottom of the side ways movement leaving an small stop that hopefully could maintain my position till CPI. If the levels dont function I wont insist much on them
SMC concepts