EURUSD - 8 August 2022
Based on the most recent impulsive move (bearish), supply is now having the control in HTF (Daily & 4H) and price is reacting off the demand, short is pro-trend, long is counter-trend. Default bias is to look for short trade idea in MTF (1H, 15m), only look for Long when 4H show bullish intention.
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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.