Tricky situation
1) EU had a strong reaction to daily supply today, suggesting that there's a chance the pb is over and will continue the bearish trend.
2) However, the H4 structure remains bullish and there are levels of demand where I'm expecting price to react from.
3) If price reaches those levels, the M15 will give some indication that the trend H4 trend will continue and price is ready to move higher.
4) I'm not considering shorts just yet, until price is able to break those levels of demand that are on the chart.
5) Expecting a lot of volatility tomorrow ahead of ECB and the rest of the week should bring some light into PA.
2) However, the H4 structure remains bullish and there are levels of demand where I'm expecting price to react from.
3) If price reaches those levels, the M15 will give some indication that the trend H4 trend will continue and price is ready to move higher.
4) I'm not considering shorts just yet, until price is able to break those levels of demand that are on the chart.
5) Expecting a lot of volatility tomorrow ahead of ECB and the rest of the week should bring some light into PA.
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