Now this is to push onto the longer timeframe analysis is EURUSD very well may have made the perfect Market Maker push and already collected the orders it wanted to from the small 20-30 pip reverse off the stop hunt.
When you look at the 4hr chart, you can see a clear look at a clear "V" formation it made similar to what the mainstream would call a "higher high higher low". Price made a full candlestick break out of the range/formation and just retested the top of the key area box with the earlier scalp reversal.
This could be a clear formation for continued buys yet the timing for it would happen during New York session ethier 9am or 12pm EST. We'll ahve to wait and see how a deep analysis while the markets are live works out. Keep notified on this pair, not much traders/signals provider can teach you why and how the markets move.
When you look at the 4hr chart, you can see a clear look at a clear "V" formation it made similar to what the mainstream would call a "higher high higher low". Price made a full candlestick break out of the range/formation and just retested the top of the key area box with the earlier scalp reversal.
This could be a clear formation for continued buys yet the timing for it would happen during New York session ethier 9am or 12pm EST. We'll ahve to wait and see how a deep analysis while the markets are live works out. Keep notified on this pair, not much traders/signals provider can teach you why and how the markets move.
