The Possible Reaction of Sell on EU is playing out, but watch the H4 Zone of Interest first for a reaction. Breakeven because there are clean highs left on H4. So many liquidity above those highs.
With this price pattern, I believe that EU could take the highs before heading down or go down now and leave the equal highs to be taken later.
GU has broken structure on the 1H. A retrace is possible for a continuation up.
EU has broken structure on the one hour TF and could retrace to rise.
The PB on the Daily Timeframe is likely to propel price back to the top as price fills the FVG and gets to it, What are your thoughts?
I believe seasonal tendencies and the recent COT data are in support of the rise of EU, and I wonder whether EU can make it to the monthly highs and eventually break it to the upside. A game of probability, but lets see since we have bullishness registered on EU despite the minor rejection faced recently.
LETS WAIT FOR THE RULES TO DETERMINE WHICH