Euro / U.S. DollarShort
EURUSD Swing Analysis
Hello Traders,
EURUSD
1. Swing structure is Bearish.
2. EU is currently in a retracement phase to form LH.
After a bearish BOS, I can identify premium levels, to look for short positions targeting the newly created swing low.
If we were to focus on the current market structure "Internal structure", I can identify that price is in a bullish trend, consistently forming HH-HL and by using the recent internal BOS, I am expecting price to pull back into a valid POI
EURUSD
1. Swing structure is Bearish.
2. EU is currently in a retracement phase to form LH.
After a bearish BOS, I can identify premium levels, to look for short positions targeting the newly created swing low.
If we were to focus on the current market structure "Internal structure", I can identify that price is in a bullish trend, consistently forming HH-HL and by using the recent internal BOS, I am expecting price to pull back into a valid POI
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.