Long time no see.
As we can see EU is heavily bullish. By the time it touched bearish OB it has build sell side liquidity that I expect to be taken out shortly. I'm interested in the area 1 where price at the moment. Will look for longs only with 5-15m choch (lower timeframe conformation) till liquidity zone above current price.
What to do if price continue to drop?
1 Wait till lqd will be taken out to go short.
2 Go long at area 2 or 3 (with conformation)
Let's see what next week will bring.
Good luck:)
As we can see EU is heavily bullish. By the time it touched bearish OB it has build sell side liquidity that I expect to be taken out shortly. I'm interested in the area 1 where price at the moment. Will look for longs only with 5-15m choch (lower timeframe conformation) till liquidity zone above current price.
What to do if price continue to drop?
1 Wait till lqd will be taken out to go short.
2 Go long at area 2 or 3 (with conformation)
Let's see what next week will bring.
Good luck:)