EU is under strong selling pressure. It might continue to melt going into the next quarter. The problem??, its not significantly pulling back into 4hr zones for optimum entries. The daily is on freefall too. Catching shorts is the play here and can bet bigger since we are moving in a least market resistance direction. All 15 min supply zones in last week’s leg are potential shorts to be pro daily and weekly @1.14626 and 1.16026 which is a deeper zone. Im expecting a gap up/ down then a rally into any of the supply zones Monday open. The confirmation on each shall be 1 min orderflow shift on the first supply and 5 min one 4hr higher supply .
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.