EUR/USD 1D - With this pair I am wanting to see some strength in the EUR as I am wanting to see price actually go on to trade us higher, this would fall in line with our USD/CHF trade.
We have seen that price has traded into a valid area of Demand which is holding as price has failed to break below this. I want to see price now reject from this area giving us means to enter.
I have gone ahead and marked out the last protected high within the bearish structure that traded price lower down and into the Demand Zone originally, once we see a break in that we can begin to look to buy in.
A break in the last protected high tells us that we are no longer following the laws of bearishness but now following the laws of bullishness breaking highs and protecting lows.