I would go short after seeing a reverseal pattern (preferebly 1h but 15m or 5m on agressive entry) on EURUSD just after market open cause:
1. RSI a, oversold 1h 4h
b, divergence on the 1h 4h
2. Stoch is also oversold on 1h, 4h, Daily
3. It is in a bearish daily and also in the bearish 4h ordeblock
4. It has already started making a reverseal pattern
5. It needs to fill the FVG so my bet is that it will go down till 2nd TP and reverse at 3rd tp (at the bullish orderblock)
6. Very far from the anchored VWAP
1. RSI a, oversold 1h 4h
b, divergence on the 1h 4h
2. Stoch is also oversold on 1h, 4h, Daily
3. It is in a bearish daily and also in the bearish 4h ordeblock
4. It has already started making a reverseal pattern
5. It needs to fill the FVG so my bet is that it will go down till 2nd TP and reverse at 3rd tp (at the bullish orderblock)
6. Very far from the anchored VWAP
Comment:
At 1st tp take 50 per cent as if it reverse before 3rd tp it will reverse here.