Watching two zones closely for EURUSD . We had a BOS so looking for a sell when price reaches the POI. However, on this move up we could possibly retrace to the OB for the buy to sell entry. 3 different outlooks are traced.
CHFJPY respected the double top and smacked TP at the trend line as expected. It is now gaining some bullish momentum but respecting the area of support. I’m looking for it to fill the FVG and reject but will only enter if smaller time frame allows. It could also push further and break the highs
My outlook for EURUSD is I am looking for the sell from the supply zone that created a BOS into the POI to fill the gap. Following to entry of the demand zone there are 2 possibilities.
1. Price does a sell to buy to then continue up further
2. Price breaks through the zone to create a new LL.
I personally am looking to see option one but I will be watching the...