Hello! Here's a weekly review of the EUR/USD pair from higher timeframes to lower:
1D - Since Wednesday, we have shifted the daily context from short to long after the price secured above the fractal maximum. The target was set to the nearest fractal maximum. On Friday, I expected the removal of the fractal local maximum, and the price, in turn, made a corrective movement. Below, we also have an uncovered imbalance. The price is still in a long context, and I anticipate seeing the removal of fractal maximums after balancing next week.
1D - Since Wednesday, we have shifted the daily context from short to long after the price secured above the fractal maximum. The target was set to the nearest fractal maximum. On Friday, I expected the removal of the fractal local maximum, and the price, in turn, made a corrective movement. Below, we also have an uncovered imbalance. The price is still in a long context, and I anticipate seeing the removal of fractal maximums after balancing next week.