EURUSD 1 Hour Trading Journal
Price has officially to my analysis broke institutional order flow. The shift from bull to bear is here. I mean anything can happen and yet all my understands give me confidence that price will be seeking lower prices going forward.
April 12 Price plunged into the Daily BISI. Price tested the sells stops and was rejected closing the week on Mondays opening price.
I suspect that price could consolidate at this level too before tipping its hand fully committing to the direction it will go. Calling in Patience.
It seems likely for price to gravitate toward the 1 hour IFVG and take buys stops and maybe the equal highs.
For the weeks target I would like to see price take the equal sell stops.
Price has officially to my analysis broke institutional order flow. The shift from bull to bear is here. I mean anything can happen and yet all my understands give me confidence that price will be seeking lower prices going forward.
April 12 Price plunged into the Daily BISI. Price tested the sells stops and was rejected closing the week on Mondays opening price.
I suspect that price could consolidate at this level too before tipping its hand fully committing to the direction it will go. Calling in Patience.
It seems likely for price to gravitate toward the 1 hour IFVG and take buys stops and maybe the equal highs.
For the weeks target I would like to see price take the equal sell stops.