The 4H trendline held again yesterday, and today’s daily candle continues to form within a bullish flag, giving added confluence to our overall bullish bias.
I no longer expect a deeper pullback to 1.16299 — price action suggests momentum is building.
Here’s the game plan:
🔹 For Scalpers:
Break of current high → 1.17500 (~20 pips)
Break of 1.17500 → 1.17657 (Tuesday high, ~16 pips)
Break of 1.17657 → 1.17815 (~15 pips)
Break of 1.17815 → 1.18093 (~42 pips)
🔸 For Swing Traders:
→ Main setup = break of 1.18093 for clean move into 1.18791 (~70 pips)
🔻 Bearish Only If:
→ Break of 1.16824 = potential retest of trendline
📌 Structure + HTF bias still say bullish.
Choose the setup that fits your style and manage risk accordingly.
I no longer expect a deeper pullback to 1.16299 — price action suggests momentum is building.
Here’s the game plan:
🔹 For Scalpers:
Break of current high → 1.17500 (~20 pips)
Break of 1.17500 → 1.17657 (Tuesday high, ~16 pips)
Break of 1.17657 → 1.17815 (~15 pips)
Break of 1.17815 → 1.18093 (~42 pips)
🔸 For Swing Traders:
→ Main setup = break of 1.18093 for clean move into 1.18791 (~70 pips)
🔻 Bearish Only If:
→ Break of 1.16824 = potential retest of trendline
📌 Structure + HTF bias still say bullish.
Choose the setup that fits your style and manage risk accordingly.
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