Based on anticipated dollar weakness and short term EG strength
I'll be looking for longs in EU to take this weeks high and go to the daily block (breaker) which took stops on the upside to put in that high with the ridiculously long wick.
Longs at 5560 coincide with a daily OB and 4H breaker which took stops on the downside to catch liquidity at 2015 low.
I'll be looking for price to take friday lows for liquidity and rally off. Hopefully to the $H breaker,
but I'm prepared to take longs from the daily block straight. (Highlighted yellow zone)
I'll be looking for longs in EU to take this weeks high and go to the daily block (breaker) which took stops on the upside to put in that high with the ridiculously long wick.
Longs at 5560 coincide with a daily OB and 4H breaker which took stops on the downside to catch liquidity at 2015 low.
I'll be looking for price to take friday lows for liquidity and rally off. Hopefully to the $H breaker,
but I'm prepared to take longs from the daily block straight. (Highlighted yellow zone)