As expected and shared in my Weekly outlook and setups, EU was moving in an amazing bullish manner this week! It always gives perfect 50% pullbacks and then reverses for a new HH.
Currently, we are about to make a HH, but as you can see on the main 1H chart, we have failed to do so. I consider this to be just a ''reaction''. A little pullback on the 15M is needed now and we can potentially seek a new HH.
If the 15M changes structure to bearish and strongly breaks below 1.1642, I might start considering shorts as well. But my last resort for longs is the 1.1630 region.
I will also attach 15M chart of my zones:
I hope you are having an amazing trading week so far!
הערה
Didn't get any entries today. The first area just smashed, while the second one got respected nicely, but then I didn't get my entry criteria. Decided not to engage in shorts, as my HTF is bullish.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.