EURUSD Idea for 24/11/2023

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Although the M15 order flow is bullish right now I do think that the sell pressure will push us down to rebalance last week's bullish H4 leg.

I have marked out the areas that I will be expecting a reaction and looking for my confirmations

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I had one confirmation missing. No entry for me

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BE

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Out at BE

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Awaiting confirmations

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Loss. If this M5/M15 demand fails I will leave for this session.

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That is me done for London. I will go an enjoy some of the day. See you in NY

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The short is showing its hand! I'm hoping for gravity to grip the NY session but we will see. I am ready for both scenarios -

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Market is cornered

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If no liquidity is offered then I'll need a lower time frame shift in order flow

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H4 still talks bearish

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I think bearish but I see buys. Trade what you see mentality has to prevail

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A risk entry would have caught some pips but sadly that is outside of my risk tolerance with how choppy the market has been lately