EURGBP – Q3 W36 Y25 Weekly Forecast Higher Time Frame Context (W📈 EURGBP – Q3 W36 Y25 Weekly Forecast
🧠 Higher Time Frame Context (Weekly/Daily)
Price has closed above the Higher Time Frame (HTF) 50EMA, signaling strength and suggesting a bullish bias going into Monday of Week 36.
The strong weekly candle close in W35 indicates bullish pressure from the lows, reinforcing the idea of a higher-probability long setup.
I expect a rejection from the Daily 50EMA, aligning with HTF continuation expectations.
🔔 Bias: Long — in alignment with the HTF momentum and structure.
🔄 Recent Price Action & Short-Term Trade Plan
On Friday of W35, I closed my short position toward the end of my trading period.
Despite the HTF bullish bias, price is currently rejecting a 4H order block that created a higher low on the 4H timeframe.
This suggests that intra-day pullbacks (shorts) may still play out early in the week, particularly toward key long POIs (Points of Interest).
⚠️ Caution & Adjustments
I remain tentative about holding shorts, as the trading range is tight and higher time frame pressure is building to the upside.
My focus will shift to watching price react to long POIs, where I will:
Wait for a break of structure (BOS) on the lower timeframes (15M 5M 1M)
Enter on the pullback for a long, aiming for a higher high on the 4H chart by mid-week.
🧭 Execution Summary
Aspect Outlook / Plan
Higher Time Frame Bias ✅ Bullish – Strong weekly close above 50EMA
Current Price Action 🔄 Intra-day short-term rejection from 4H OB
Shorts ⚠️ Possible early-week pullbacks — small range, manage risk tightly
Long Plan 🟢 Await long POI tap + LTF BOS for long continuation
Target 🎯 Potential higher high on 4H by mid-W36
🧠 Final Thoughts
“Let price come to you. Let structure confirm it.”
Patience is key early in the week — I’ll be waiting for confirmation before positioning long, while allowing short-term shorts to play out cautiously.
FRGNT
