EUR/USD 4H & 1H - This market as you can see has put in a double top pattern on the four hour timeframes after penetrating a large area of Supply.
This is the distribution price has put in prep for the down move, which I feel price is about to take. We just want to look to get involved on the correction thats in play.
Once price trades us into one of two areas of Supply we can look to get introduced based on the rejection that should follow from the penetration. I will look to go short when confirmation is confirmed.
There are a few markets that are looking good to take part in, in the coming weeks. We just need to see the volume being introduced so we can see those moves take place.
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As soon as I have confirmation to enter in on some of these markets I will let you all know! The markets have been very slow this week!!
This is the distribution price has put in prep for the down move, which I feel price is about to take. We just want to look to get involved on the correction thats in play.
Once price trades us into one of two areas of Supply we can look to get introduced based on the rejection that should follow from the penetration. I will look to go short when confirmation is confirmed.
There are a few markets that are looking good to take part in, in the coming weeks. We just need to see the volume being introduced so we can see those moves take place.
———
As soon as I have confirmation to enter in on some of these markets I will let you all know! The markets have been very slow this week!!
