EURUSD Analysis (1st May 2024)

Market Analysis PT2/2 (1st May 2024)

EURUSD Analysis

On the 4 hour timeframe, price action has created a 4 hour bearish FVG which caused the bearish BOS. This makes it a very good Point of Interest for us to look for shorts from.

Ideally during Asia/London, we see price retrace into the 4 hour FVG. Once price does that, i will drop to the 5/15 minute timeframe to look for a bearish Change of character for some potential A+ sell set ups to continue to bearish momentum.

P.S. : There is EURO Bank holiday today, so do expect smaller volatility in the markets, but yet again the markets are unpredictable. Lets see what london brings us🐳