EU Forecast

Just sharing a potential scenario for the week ahead on EU.

As always my bias can and will change as we get more recent price action.

But for now using the information that we have this is how I am seeing the market.

The Daily trend is still down, so we are expecting a pull back to form a new Daily Lower High before continuing the down trend.

This bias means we are open to both short term longs until we hit the Discount area then we will be flipping the bias and mainly looking for shorts.

This is where the Lower time frames will come into play to determine actual entry and exit points.