I am expecting price to be a little bearish tomorrow as well before going for the HTF target. Right now i am bearish on the pair, but expecting it to react from the FVG either this week or the next one. I don't expect price to go lower then 1.25000 on the long term view. I will have 1.28300 as my HTF target.
Comment:
The retracement has been done into the FVG, now i am waiting for a reversal or continuation of the trend, we must give it a little bit of time.
Comment:
As per expected price made a bullish move, but now i am bearish for this day on GU. Probably it is gonna go deeper in the FVG,1.25950 is my next target.
Trade closed: target reached:
Price made the nice move up.