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NEW HH AND HL FORMING On H4, we can clearly see how price action is carving new HH and HL. All we need is a breakout of the immediate resistance and proper retest of it, preferably above @110.50 and that is what we can see currently. So, we're good to go on a buy.
MARKET GAPS If you are very familiar with what market gaps are, you will know that those portions labeled "gaps' will sooner or later get filled, against all odds. This could happen if price changes trend already back upside.
Always remember that nothing is fixed. So, stay very safe and observe all your trading plan and strategy strictly. Thank you!
DISCLAIMER: Please note that this is not an investment advice for anybody to run or undertake; It is for educational purposes only and they are my personal views on these assets. If anything goes south, I am not liable. Also, know that Forex is a high risk and reward business. So, do not trade with borrowed money or the one you can not afford to lose.
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CANCEL TRADE. REDUCE YOUR LOSS. WE'LL FIND A BETTER SETUP