In EU at the moment price is very bullish looking at daily and 4hr time frame. In daily price has managed to break above the weak internal HH so after the break we must expect a counter pullback with LTF confirmation which we can see in 4hr where it has created fresh internal structure so I am expectating price to continue lower from its supply zone. But if price manages to break the structure to bullish I will be looking to buy from the newly formed demand zone.
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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.