Please note, the zone marked in the chart has more probability of being mitigated and being used as a zone which can fuel EURUSD up trend. The main reasons are:- this is the extreme zone in 15M time frame which caused the break of structure to the upside and also while facilitating this, it sweeped the liquidity in the 4H time frame. Therefore, i believe it is a valid zone for institutional investors to keep adding positions for a rally upwards.
Action plan: Risk half your usual risk per trade for a risk entry (where the entry level is in the EQ of the 15M zone and the SL below it) and wait for more confluences on the lower time frame for a 2nd confirmation entry. This way you wont miss the trade or lose your capital while anticipating a reversal.
Action plan: Risk half your usual risk per trade for a risk entry (where the entry level is in the EQ of the 15M zone and the SL below it) and wait for more confluences on the lower time frame for a 2nd confirmation entry. This way you wont miss the trade or lose your capital while anticipating a reversal.