Price remains in a bearish macro structure, with the most recent swing showing a retracement toward a supply zone.
On the daily chart, we can see
A clear daily supply zone above current price
Liquidity resting above recent highs (potential inducement)
Previous bearish leg left an imbalance, now being partially filled
The daily structure remains bullish, though price is currently retracing into deeper levels, potentially targeting areas of inefficiency and liquidity.
On the 4H timeframe, price has:
Formed a valid demand zone
Left behind an imbalance
Built liquidity just below the zone, increasing the chance of a sweep before reacting
📍 Plan:
Wait for a mitigation of the 4H...
The daily structure remains bullish, but price is currently retracing deeper, likely targeting unfilled areas
On the 4H timeframe, price has:
Formed a valid demand zone
Left an imbalance just above that demand
Engineered liquidity below the zone, increasing the probability of a sweep
📍 Strategy:
Wait for price to mitigate the 4H demand zone and sweep the...
Price is currently in a bullish structure, printing consecutive Breaks of Structure (BOS) to the upside, confirming strong bullish momentum FX:EURUSD FX:EURUSD
On the 4H timeframe, price has:
Left behind an imbalance, signaling inefficiency in price delivery
Formed an unmitigated demand zone (internal OB) that aligns with bullish order flow
We now wait for...
Price made a CHoCH, followed by a Break of Structure (BOS), confirming a bullish shift.
Currently, price is retracing into a high-confluence zone:
Internal demand (order block)
Imbalance (IMB)
Near the EMA
Reaction expected around 1.34300–1.34600.
If this zone holds, we anticipate a bullish push toward 1.36000+ (better to make a confirmation entry)
