EUR/USD 1H - As we can see price is still putting in bullish structure both fractally and on the higher timeframes. I am wanting to see price break down and start trading us lower.
We will have confirmation of a bearish leg once we see price surpass the previous structural low, this is deemed as a protected low within this bullish structure as it went on to create a higher high.
Once we have a break we can look for a fractal supply zone to get involved in sell positions from. You will see above I have highlighted a POI that I deem as valid and could be holding the relevant Supply needed to break structure.
When price taps into our higher TF Demand zone that is where we can look to buy into this market longer term, taking full advantage of a higher timeframe swing.
We will have confirmation of a bearish leg once we see price surpass the previous structural low, this is deemed as a protected low within this bullish structure as it went on to create a higher high.
Once we have a break we can look for a fractal supply zone to get involved in sell positions from. You will see above I have highlighted a POI that I deem as valid and could be holding the relevant Supply needed to break structure.
When price taps into our higher TF Demand zone that is where we can look to buy into this market longer term, taking full advantage of a higher timeframe swing.