EUR/USD 15M - As you can see price has recently traded beneath the low that was set before the highest high traded into the Supply Zone above, this would be considered a fractal break in structure.
Now in order for us to look to get involved in this market we need to see price trade back up to set its initial high acting as an area of interest for us to enter in from. To deem a valid entry there are some things we need to see.
We want price to trade in clearing the area of inefficency, one price has done that we expect that enough Supply has been introduced to flip the balance, this should cause price to break again fractally.
Once we have been delivered with a fractal break in structure in and around the area that we have marked out, this is when we can begin looking to take the market short as it confirms the new bearish leg.
Now in order for us to look to get involved in this market we need to see price trade back up to set its initial high acting as an area of interest for us to enter in from. To deem a valid entry there are some things we need to see.
We want price to trade in clearing the area of inefficency, one price has done that we expect that enough Supply has been introduced to flip the balance, this should cause price to break again fractally.
Once we have been delivered with a fractal break in structure in and around the area that we have marked out, this is when we can begin looking to take the market short as it confirms the new bearish leg.
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Disclaimer
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.