EURUSD 4 Hour breakdown
EURUSD 4 Hour chart breakdown
Price has been bearish for a few months leaving unmitigated order blocks, imbalanced price, and equal highs in.
Last week we saw a break of structure on the 4 hour time frame and Fridays price added to a set of previous equal highs, Or as retail strategies may suggest a level of resistance. But from a smart money view of things I would suggest this area to be taken out before any true move of the market
Of course we are not here to predict price, but just to have the best understanding of why it is going to certain areas and then reacting to the confluences that meet our trading plan.
Price has been bearish for a few months leaving unmitigated order blocks, imbalanced price, and equal highs in.
Last week we saw a break of structure on the 4 hour time frame and Fridays price added to a set of previous equal highs, Or as retail strategies may suggest a level of resistance. But from a smart money view of things I would suggest this area to be taken out before any true move of the market
Of course we are not here to predict price, but just to have the best understanding of why it is going to certain areas and then reacting to the confluences that meet our trading plan.
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