EURUSD TECHNICAL NARRATIVE. SHORTS ANTICIPATED.
EURUSD TECHNICALS (22.10.2023):
+Y: Bullish Channel. Bullish Market Structure.
-M: Bearish Channel. Bearish Market Structure. Comments: Tapped Into Y Demand, Might Turn.
!-W: Turned Bearish. Market Structure Closed Below Previous Week Low. Comments: Retracing, We Do Not Trade This Htf.
!+D: Turned Bulish. Market Structure Closed Above. C: Short Term Longs.
-4H: Bearish Channel. Market Structure Bullish. C: Trade +, But Supply.
Trade Idea: 4J: Shorts - Conservative - Break +4HU And Retest; Risky - At Supply. Long - No Long In Premium.
+1H: Market Structure CHoCH Bullish. Sells
Trade Atm: Short Supply. High Risk. High Reward.
15M: No Entry
Fundamentals: A Lot Of Red Days - Active Week.
+Y: Bullish Channel. Bullish Market Structure.
-M: Bearish Channel. Bearish Market Structure. Comments: Tapped Into Y Demand, Might Turn.
!-W: Turned Bearish. Market Structure Closed Below Previous Week Low. Comments: Retracing, We Do Not Trade This Htf.
!+D: Turned Bulish. Market Structure Closed Above. C: Short Term Longs.
-4H: Bearish Channel. Market Structure Bullish. C: Trade +, But Supply.
Trade Idea: 4J: Shorts - Conservative - Break +4HU And Retest; Risky - At Supply. Long - No Long In Premium.
+1H: Market Structure CHoCH Bullish. Sells
Trade Atm: Short Supply. High Risk. High Reward.
15M: No Entry
Fundamentals: A Lot Of Red Days - Active Week.
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