Daily swing low in place
1H market structure for upside
1H OTE( optimal trade entry) formed & pushed price up
Secondary OTE is forming at the moment
Tricky spot, because price is in the area
of the range for short OTE.
Will see how this will pan out
Based on HTF AJ currently in a bearish mode
But I see that some correction could be made on an upside
Key point 4H swing high has to be broken
&
retracement has to occur.
If criteria will be met next 4H high possible target
Shorting fiber in London session. Expectation - to reach approx. 50% of last day's range on the way down.20 pips stop (1.1900) above entry ( 1.1880). Targeting 20 pips, ( 1:1) scenario.
