EURUSD mark up phase starting if we breakout 1H W pattern
for EURUSD I am expecting a mark up phase during Mon-wed cycle and start forming a big W pattern. After this 7 days (2 weekly cycle) mark down phase to the downside which was level 3 of 1H cycle and now.
confluences- MM has absorbed all orders of 1.09 and recovered the 4H vector candle + There is a huge of 4H divergence + the GAP is still remaining
so if they form a W pattern we might be starting a new 1H mark up cycle + there is a chance of starting a new 1H cycle with a smaller W patter (15 min) as it has happened a lot in the past
confluences- MM has absorbed all orders of 1.09 and recovered the 4H vector candle + There is a huge of 4H divergence + the GAP is still remaining
so if they form a W pattern we might be starting a new 1H mark up cycle + there is a chance of starting a new 1H cycle with a smaller W patter (15 min) as it has happened a lot in the past
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