EURUSD

16 Tem

Another day with a morning 2min MMBM (we skipped yesterday) after a clear SMT in line with the hourly bullish orderflow. First partials secured, stops at BE leaving it run to the second partial point (AR-H's) and the OC of this MMBM at 1.09019.

Main negative - the fact that low formed before the RT window but we had clear SMT there trading in line with bullish HTF/LTF delivery, so was a very simple +OB/FVG based entry.

Now as mentioned yesterday we're not sure if we'll see Daily TF continue higher or a bigger bearish retracement will take place so for that reason we keep the **bullish Daily stage in mind** but put most of our attention on the LTF's.

Hourly been pushing higher nicely yesterday giving us a classic buy-day (LOKZ LOD / NYOKZ continuation), today we'll be looking for the same thing if we see bullish O/F get confirmed on the 15min TF as now I'm only playing this quick 2min MMBM fractal here, once/if the LTF's confirm bullish delivery during NYOKZ we'll be looking for bigger MMBM BSC run on the 60/15min TF's (focusing on long opportunities).