Been watching this setup since the London start, and hell- no entry yet! Lol, I forget that's trading...last week I get just 3 setups and 2 end up losses, and still up 3R.
These things aside ,
4H, we're in the premium of the zone and shorts are best favorable...
1H, we're bullish with strong momentum.
Conclusion: 4H is bearish, and we're playing the pullback...
As the chart speaks more than the words, here's nothing more to tell...
4H (bearish)
1H(bullish)
So, we're playing the pullback to the 4H POI (simply supply zone) and expect the continuation towards downside until it fails...
The order flow is bullish on 1H as well... So, my next move is waiting for the pullback, getting a bullish change of character in lower...
The chart explains more than the words itself.
Long term, I am short on EURUSD. But, for today's session, I am planning to go long capitalizing on the move to 4H Supply zone...
