EURUSD. PATIENCE
Eurusd technical narrative 13.11-18.11:
+12M - bullish orderflow- channel. Bullish market structure.
-M - bearsih orderflow - channel. Bearish market structure. In discount.
-W - bearish orderflow - reversal. Bearish market structure. Choch.
+D - bullish orderflow - reversal. Bullish market structure DB + in discount.
DC: tapped into D supply, looking for 4H retracement and longs.
DC2: broke levels, bullish. Shorts
+4H – bullish orderflow. Bullish market structure – inside the range. No man’s land.
4HC: waiting to trade the extremas. Patience.
+1H – bullish orderflow + market structure. Late. Will see tomorrow.
Trade: long, at 4H demand. Trend
Trade: short, at D supply. Against
+12M - bullish orderflow- channel. Bullish market structure.
-M - bearsih orderflow - channel. Bearish market structure. In discount.
-W - bearish orderflow - reversal. Bearish market structure. Choch.
+D - bullish orderflow - reversal. Bullish market structure DB + in discount.
DC: tapped into D supply, looking for 4H retracement and longs.
DC2: broke levels, bullish. Shorts
+4H – bullish orderflow. Bullish market structure – inside the range. No man’s land.
4HC: waiting to trade the extremas. Patience.
+1H – bullish orderflow + market structure. Late. Will see tomorrow.
Trade: long, at 4H demand. Trend
Trade: short, at D supply. Against
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.