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Euro / U.S. Dollar
Nov 14, 2023
EURUSD. PATIENCE
7
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Eurusd technical narrative 13.11-18.11:
+12M - bullish orderflow- channel. Bullish market structure.
-M - bearsih orderflow - channel. Bearish market structure. In discount.
-W - bearish orderflow - reversal. Bearish market structure. Choch.
+D - bullish orderflow - reversal. Bullish market structure DB + in discount.
DC: tapped into D supply, looking for 4H retracement and longs.
DC2: broke levels, bullish. Shorts
+4H – bullish orderflow. Bullish market structure – inside the range. No man’s land.
4HC: waiting to trade the extremas. Patience.
+1H – bullish orderflow + market structure. Late. Will see tomorrow.
Trade: long, at 4H demand. Trend
Trade: short, at D supply. Against
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Supply and Demand
Support and Resistance
Trend Analysis
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