UPDATE ON EUR/USD

EUR/USD 1H - As you can see price clearly didn't need the Supply to the upside in order to carry on this journey correcting price lower. This isn't an issue for us it just means we wait for the right buy opportunity now to present itself.

I want to see price come to clear the Demand Zone below and from there offer us the chance to get involved in this market in some long positions. In order for us to deem a valid entry we will need to see price clear the zone and break structure to the upside.

A break in structure to the upside will confirm the end of the correction and the start of the next wave trading this market higher, once we have that fractal break to the upside we can then prepare for the long position.

When we look to place the long position we will stick our SL below the zone we get involved from and our TP will be set just below the last higher timeframe high thats been set in the market.