-We're currently at the highest value area where the market is still consolidating to give us our next move.
-I will only take a trade right after an impulsive move whether it goes up or down my mind on it is still neutral.
-Here we're looking at the nature of the market on the lower time frame 4hrs/1hr to see how the market will reach our high-value area(the marked red circle)
-That will give us an idea of what to do next.
WE HAVE A POSSIBLE SHORT TERM SELL AND LONG TERM BUY. I will not be rushing this trade...
In the next week or two I will be looking at EURUSD Short for a long term trade, however I'm not really forgetting the nature of the market since we're on a corrective phase right now with this being said my key point will be a third touch on the trendline, before the impulsive move.
