Ive been saying since Dec i wanted EUR/USD touch 1.06729 area before buying. As you can see it was about 35 pips away from hitting before forming a bullish inside bar. Based on that i was happy to buy and will hold until 1.13221 area
Lastweek we seen eur whipe out 22 days of loses in one day due to postive news for the eur.
This week i expect to see eur bounce around it's supply zone giving false signals
What i want to see before even thinking about enteing is
price to commit on either side of the zone by opening and closing outside the 1.08815 or 1.09924
EUR/USD is an fairly importand Demand Zone
where within the lastweek its been
rejected 3 times and managed to close
outside the zone.
Il only enter Long once i see and inside bar setup
form in or round the box.