The red zone at the bottom comes from the daily bias of what price did at those levels
Price Came up again broke out of the daily fair value gap and then Market Structure Shift occurred.
Price hit the 1hr Fair Value Gap and price went long.
Currently we have already broke relative highs on buyside liquidity and have came back into range
Tomorrow I would like...
If and when price is under 1.67758 and candles are closing bearish, more than likely price can continue down to 1.66533
Either a break and retest will work for an easy 10pips minimum or sell stop around 1.66750
The markup states what is needed in order to jump in a trade. The best choice would be to stay on the 15-30min Time frame to consider an entry.
I myself will wait for the right time to execute and order and if there is nothing or price has already moved before I started work then I wait again for the next chance.
Price is having a hard time to break above the zone or at 0.69258 nice strong valid resistance level on the 4hr time frame.
Jump into the one hour and you already have LL LH LL LH
Get in on the next pull back.
Area of buyers are holding their ground and pushed price to new highs
Sellers came in bring price back down to the exact are made the break.
Probability for me is that I am betting price will go back to resistance where sellers are waiting for price to keep moving up.
If anything there is an explanation of what can happen if it keeps going down.
We are in an area of sellers that push price down to break the previous lows creating new ones.
Waiting for consolidation to break in whatever direction it wants to go.
30PIP SL
Price has drop and broken previous major and minor support levels and created a new low.
2hr is showing a quasimodo forex pattern with a high probability to the fall after breaking support with clean traffic looking left.
I will need to find a double top on the one hour breaking the last valid support level and then retesting it turning it into resistance pushing price down to 4hr support break and retest for confirmation of price heading towards daily and weekly lows
