Following on from my last post, we see that Price indeed retraced to the H4 FVG (grey/gray box) and is reacting from it. Price can still trade higher to the H4 OB, so I intend to take short scalps around the FVG and see how price progresses. The target however is still the daily bullish orderblock or green box.
Price has closed below H4 OB Low, I'm expecting an RTO to FVG or H4 OB. For even further analysis (expected later) I expect price to reach for the bullish orderblock seen on the H4/Daily/Weekly timeframe. For even longer-term ideas, I would like to see how price handles the bullish orderblock. However, EU is typically seasonally bearish at this time of year.
