KingTA

Going up for imbalance. fed interest rate on Wed.

شراء
FX:EURUSD   يورو / دولار أمريكى

Current market structure is bullish
Price is in a discount area on the hourly with a break in market structure occurring last week

Price is currently at a resistance level - it tapped into an external area of liquidity, it broke a high, but failed to displace lower, indicating to me that price still wants to see a further up-move, possibly before Wednesdays Fed intrest rate decision which should then create the high of the week and then see a big drop. This is my narrative.

A swing point has formed on the 4H structure

Price took out the lows and closed above, there is a a strong pull to the weekly Volume imbalance.
Price looks to be going for an impulsive leg


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