EURUSD 7/4/24

4月7日

EU starting off our weekly markups, we are looking at exactly what we called for way back at the start of last month which is price creating daily highs and lows bringing us an overall lower low on the weekly TF, as we know this always need a form of pullback to create these structures.

On our chart you can see we have an idea of what we would like to see, this is for price to drop down into the lower zones we have marked and then travel higher, we established the bullish move on Friday and at the end of last week telling us we need to see better prices for sells, where we sit we also need to see better prices for buys as well! Taking the high to the left has shown us that bullishness is most likely to follow in again this week so we look for the best area to give us context for more higher timeframe structure to form.

follow PA and trade your plan.