POTENTIAL FURTHER SHORT OPPORTUNITIES
EUR/USD 15M - As you can see price has traded up and into an area of Supply which is displaying itself as a hidden order block, we have seen price come to clear this area and I feel this could be an area we could short from.
This would act as a good point to set a new lower high within this bearish structure, for those who want to add to there current positions this could be an area at which you could do it.
For further confirmation I would look for a fractal break in structure to the downside, a break in one of the fractal lows from this lower timeframe bullish correction.
Once we have that we will then have means to enter in on short trades, using the top of the Supply zone to place our SL and our TP can be set where our original trades TP has been set. This is a great way to add to our profits and make more from this swing.
This would act as a good point to set a new lower high within this bearish structure, for those who want to add to there current positions this could be an area at which you could do it.
For further confirmation I would look for a fractal break in structure to the downside, a break in one of the fractal lows from this lower timeframe bullish correction.
Once we have that we will then have means to enter in on short trades, using the top of the Supply zone to place our SL and our TP can be set where our original trades TP has been set. This is a great way to add to our profits and make more from this swing.
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