tokelohomi

Hidden area violated

FX:EURUSD   Euro / Dolar A.S.
Buyers took control of the market after price violated the hidden order block, even broke the structure. A minor horizontal contraction was created after breaking through, then price continued to rise and provided both a new high and a distribution phase. The phase led price to drop and trigger the broken level. A doji was printed, now price is advanced to make a pullback to the nearest fair value gap in order to go bearish. Expect this upcoming bearish move to slightly respected the fair value gap below, then continue dropping to level 1.08456. From there we shall prepare for the chance of going long and targeting the higher high…

Penafian

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