Yesterday our EURUSD sell trade got taken out at breakeven after running at 1:2 risk reward. This then created the POI resulting in Momentum shift to bullish.
Suggesting that the BFI (Banks and Financial Instituions) may be buying leaving their footsteps i.e. last sell before buy. Which allows us to follow their movements.
We see 2 buy scenarios. However not that these are just rough estimated prices of where we will be buying. Of course, we will refine further in lower time frame.