We few drawn trendlines
The outer trendline and the inner trendline which the market is approaching as it stands.
Factors and reactions i see now on the inner trendline
H4 Momentum slow down to the upside
More to be concluded in the later hours Tell me what you think?
Beautiful set-ups forming on this currency Pair.
Simple Techs
1.We broke ranging structures
2.Created Higher high and Higher Low
3.We recently had a impulsive up
WE WAIT FOR A PULLBACK TADAAAAA
Non farm payrolls coming up all technical and fundamentals to be put to the test today let's go traders bring it home.
Well from the weekly up to our lower time frames the EURUSD is in a clear UPTREND we should be looking for buys only now.
Confluences
1.Market on the 4h time frame has been consistently Breaking structures.
2.Market has been and should continue...
I Expect to see some futher continuation to the downside let's look at the reasons why.
Confluences
×Market is failing to make new higher highs nor is it creating any higher lows so it means there's a short-term loss of intent for price to roll up.
×On daily structure we currently didn't manage to close above previous lower low point
×we in a down trending market...
After a surge impulse move up yesterday we seeing the market slowed down now taking liquidity in my opinion it would be best to to execute any trades till we get a break of structures retest moreover some major confluences into our pot and top it of with continuation candlestick patterns for now we waiting while liquidity is been taken out
We saw huge rally down i am personally expecting a rest of previous structures before New york . Should the market fail to create lower highs we shall adapt to the movements
Still undecided on the dollar as the weekly broke higher however we would need to see more on lower intraday timeframes confluences like higher highs and higher lows ahead on nfp we should see slow movement as well to try trap traders
One move
1:6 still running
OVERALL TARGET ... 4770
1:3 ✅
1:9 ✅
1:5 ✅
1:9 ✅
1:6 ❌
1:4 ✅
1:13 ... still running currently @1:11
1:5 ... still running currently @1:2
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