in my previous idea I stated that we need to go higher from the 4H FVG below but we are now already in a bearish 4H FVG and in 15m time frame the structure shifted bearish indicating that the price need to retrace lower.
Taking into consideration that DXY index is bearish fundamentally and technically, And since EURUSD is heavily correlated with DXY inversely which means we are bullish on Euro. Technically : Euro was in correction for the last week or so, But this changed yesterday and extra confirmations landed today on the charts and fundamentally. We touched the weekly FVG...
The market structure is bearish on 15m tf and is aiming for the weekly FVG below, Once we get to the weekly FVG will look for buying opportunities, But for now the setup has a very good probabilities to succeed .
The market is bearish as explained in my previous idea , but we are bearish only from the unmitigated area only. So that makes me bullish since the internal structure is bullish to to reach and fill the gaps indicated in the chart. Once we take m15 liquidity The anticipated move should be bullish short term only. The grey arrow line indicate the long term...
The market structure is heavily bearish on HTF and LTF, Here on 15m TF we left unmitigated order flow above which also has a daily and H4 FVG's , Shorting from that area to the weekly FVG below.
Trend must end very soon to visit lower areas before going back up again as per the projection. Good luck.
The structure has been broken to the down side today morning, currently the price is seeking to take out the last liquidity hunt before the collapse. I personal will wait until the price gets to the order block and switch to 1 minute time frame to look for entry.