What happened last week and whats next for EURUSD?
price came to fill the 4 hour EQ before trying to continue bearish
Officially I would say there was a further bearish break for structure on the 4 hour on Friday. But somethings telling me it was not very convincing, the 4 hour did close bellow but the next candle came straight back. This indicates I could be a liquidity grab. The area of 1.6200 will be a good test of structure for the 4 hour.
But in the mean time I do believe on the 1 hour and the 15m we have already broken structure to the upside and could expect a bullish move into 1.6200 and possibly higher.
Will be keeping a good eye on price looking for opportunities that meet my criteria
price came to fill the 4 hour EQ before trying to continue bearish
Officially I would say there was a further bearish break for structure on the 4 hour on Friday. But somethings telling me it was not very convincing, the 4 hour did close bellow but the next candle came straight back. This indicates I could be a liquidity grab. The area of 1.6200 will be a good test of structure for the 4 hour.
But in the mean time I do believe on the 1 hour and the 15m we have already broken structure to the upside and could expect a bullish move into 1.6200 and possibly higher.
Will be keeping a good eye on price looking for opportunities that meet my criteria