EURUSD Wave Structure on 1 Hour and 4 Hour Timeframes
Updated
4H swing is bearish => Current is pullback up.
1H swing is bearish => current is pullback up
We look for a sell opportunity in the demand zone on the 4 hour timeframe
1H swing is bearish => current is pullback up
We look for a sell opportunity in the demand zone on the 4 hour timeframe
Note
Price has broken the swing strong top. We watch the price reaction at the supply zone of the 4 hour time frame.Note
Price after increasing to get liquidity then decreased sharply and broke through the swing strong bottom of the 1 hour time frame.4H, 1H swing is bearish.
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