EURUSD 02/02/2024
*For my own journaling pusposes*
** Blessings **
Daily
Daily trend is bearish.
Reacting off 4 hour demand.
4 Hour
Reacting off 4 hour extreme demand.
Internally there is a change of character being created.
Considering this is an extreme demand zone it is natural to get a strong reaction off here. Keep in mind daily pro trend, so need to see a convincing bullish change in character before taking longs to 4 hour week highs.
M15
There has been a change of character printed after reaction on the 4hr demand, and price is currently in a demand chain taking out previous supply zones.
There is an extreme supply zone present that is unmitigated with a price gap.
Healthy price action demands that this gap is closed.
Just monitoring, its NFP today.
We trade what the market gives us.
** Blessings **
Daily
Daily trend is bearish.
Reacting off 4 hour demand.
4 Hour
Reacting off 4 hour extreme demand.
Internally there is a change of character being created.
Considering this is an extreme demand zone it is natural to get a strong reaction off here. Keep in mind daily pro trend, so need to see a convincing bullish change in character before taking longs to 4 hour week highs.
M15
There has been a change of character printed after reaction on the 4hr demand, and price is currently in a demand chain taking out previous supply zones.
There is an extreme supply zone present that is unmitigated with a price gap.
Healthy price action demands that this gap is closed.
Just monitoring, its NFP today.
We trade what the market gives us.
כתב ויתור
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.
כתב ויתור
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.