Forex Analysis and Free Signal on Eur/Usd Using the ICT Strategy
The EUR/USD is bullish on the long run though but we can as well trade the retracement to the downside before it might now go up. I see a bearish breaker on the H4 timeframe and then a retracement back to the bearish order block. But before it actually happened there was a stop hunt or a turtle soup sell model prior to the break-in market structure.
After the break-in market structure, it was now indication for us to take a brief sell but we have to wait for more confluences before can take the trade. And one of the confirmation is to wait for the price to return to the RTO and in this case a 50% of the H4 -OB and the H1 OB.
Not only that, as the price traded to the H4 OB, we went to the lower timeframes to look for entry i.e similar occurrences before placing a trade.
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After the break-in market structure, it was now indication for us to take a brief sell but we have to wait for more confluences before can take the trade. And one of the confirmation is to wait for the price to return to the RTO and in this case a 50% of the H4 -OB and the H1 OB.
Not only that, as the price traded to the H4 OB, we went to the lower timeframes to look for entry i.e similar occurrences before placing a trade.
You can share this idea with your friends.
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