EUR/USD 30M - As you all know we are currently involved in buy positions on this market and I will be holding those positions for the foreseeable future. I believe price will continue trailing us up into the Supply zone given above where we will then see price break down and begin trading us lower.
So with that being said we can continue to look for fractal Demand zones on the lower timeframes as places to enter in on this market. All we need to do is look at the previous fractal impulsive wave for any last sell to buy regions that we feel will be holding demand.
From there we can look to enter in after the penetration assuming we are delivered with the right confirmation, our confirmation will come from a BOS to the upside after the penetration and then we can look to execute our positions once price has pulled back allowing us to get in on a refined entry.
So with that being said we can continue to look for fractal Demand zones on the lower timeframes as places to enter in on this market. All we need to do is look at the previous fractal impulsive wave for any last sell to buy regions that we feel will be holding demand.
From there we can look to enter in after the penetration assuming we are delivered with the right confirmation, our confirmation will come from a BOS to the upside after the penetration and then we can look to execute our positions once price has pulled back allowing us to get in on a refined entry.
