update market has entered a 3 phase cycle. at least that is what is call it. By 3 phase cycle I mean buyers or sellers expansion then manipulation which leads to both buyers and sellers losing money to the" market makers" I can show you this pattern on any pair for the most part after the manipulation( support and resistance ) being formed in a choppy market the banks looks to grab both sides of liquidity. In doing so the 3 step phase almost always happens this pair is in phase 2 in the case I am still bullish on this pair the reason I am still bullish on this pair is because of a bullish OB under the buyers liquidity (support). Phase 3 of this cycle is what I call the liquidity grab then the banks pushing price where they initially wanted to it to go. Most people would call this a stop hunt(Same thing as liquidity grab) in this case to me. So I am assuming price will breakout of this range with bullish power first to grab liquidity from the sellers then push to the downside for the buyers liquidity. now trading is a game of probability no way can I see the future but the more probable entry would be the nearest OB for your bias because price tends to seek them out within 30 pips of the manipulation before reversing though nothing is guaranteed in the market. THE EXAMPLES SHOWN DOESN'T PLAYOUT JUST A MARKET PATTERN WORTH LEARNIG. Price can continue its push without reversing after the liquidity grabs.
Fundamental Analysis

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