My view on EURUSD for today. The market tapped into a 4h demand and gave a rejection. it is currently at a 15min supply which could give us a continuation to the downside to take out the low created. If we get a break above the supply the market could take us to the next 4h/15min supply area. Personally I am more interested in the long position due to fundamentals. I will be following my personal rules for entries. Remember to always have a plan before executing any positions.
Trade active:
Comment:
REJECTED SUPPLY. CLOSED AT BREAK EVEN WAITING FOR NEW CHoCH FOR RE-ENTRY.
Comment:
MARKET WAS STUCK IN THE RANGE CREATING LIQUIDITY. NOW GIVING A GREAT DELIVERY ON THE BUYS IN THE MARKET.