surieltobal

Eur/Usd Close to Purchases, BE CAREFUL with Sales

Short
OANDA:EURUSD   Euro / U.S. Dollar
- Today we have several high and medium probability scenarios, which we must be aware of in any direction, due to where the price currently is.

- Look how well while I was starting to write the analysis of the day, the price just reacted strongly to the rise, thus leaving us with a Bullish CbdE in time frames of 15M, we will see if you keep said CbdE closing above the key level.

- Taking into account that we are witnessing bullish movements after having discounts from the last bearish impulse, we could clearly see the resumption of the current intraday trend, which is still clearly bullish.

IMPORTANT:

- The last thing we saw in the price was a clear upward trend, which eliminated or manipulated the intermediate zone of the long term. For them we must not stop being aware, that at any time we will see the continuation of the trend again bullish Still in force.

- Taking into account that this general upward trend has greater objectives, such as those of mitigating, manipulating and even eliminating the long-term bearish origin zone, which is located much higher than where the price currently is.

- Now that we have just clearly seen the Bullish CbdE already mentioned above, we must be aware of whether the price eliminates or respects the zone of 1st intermediate bearish confirmation, which is located between the levels of 1.10266 and 1.10229.

- In this area we would first expect to see a bearish CbdE in shorter periods, and then later be waiting for a selling opportunity, with minimum objectives at least to the nearest purchase origin zone located between the levels of 1.10080 and 1.10025.

EYE:

- If the price clears the key level of 1.10266 clearly, then we must keep in mind that the price will have a high probability of reaching at least its current bullish trend to mitigate, manipulate or eliminate the selling origin zone, which It is located between the levels of 1.10326 and 1.10405.

- At the same time, if the key level of 1.10405 is eliminated then we would assume that sooner or later the price will go in search of the Caused Bearish origin zone in the general intermediate zone of the long term at least, which is located between the levels of 1.10962 and 1.12795.

- On the other hand, we must also know that whether in the area where the price has just mitigated or in the next sales area, we must first have confirmation in shorter periods to later be looking for a sales opportunity today.

- While to be looking or waiting for a purchasing opportunity to present itself for today, we must first see the price reach the purchasing areas, such as the nearest purchasing origin area located between the levels of 1.10080 and 1.10025 Or better yet in the Intermediate zone of the Long-term of the last general bullish impulse, located between the key levels of 1.09893 and 1.09777.

- Finally we have to highlight that after the bullish reaction that we have just seen recently, the price has so far mitigated and respected the sales zone of the 1st confirmation, within the intermediate zone of all the previously Bearish momentum, therefore the only thing missing would be Wait for confirmation to be entering sales at the price today.

- And if we look clearly after the price to mitigate said zone, in 15M we go down to 5M And we can identify how the price has left us with the change in structure or CbdE Bearish in smaller periods that we needed to mark our confirmed sales zone.

- But even so, seeing the mitigation and respect of the closest area to sell, the CbdE of minor temporalities does not convince me at all. Therefore, I would expect to see the price enter the sales confirmation area, once it recedes, and then look for price action OR another bearish CbdE at least in Temporalities of 1M.

- And if, due to fate, the price decides to drop significantly to the shopping areas already mentioned, then you already know that it would be looking for the same scenarios, CbdE in time frames of 1H and 15M within the shopping areas, followed by the same scenario but in shorter periods such as 5M and 1M.
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