Price opened at 1.23685 and went sideways 3 candles. The 4th formed a hammer like candle and price moved higher 11 pips raiding Previous day Intraday lower high and found resistance at Previous day open, price fell 39 pips into 1.23460 level. Notice how price reacted at this level, it did not waste anytime and quickly moved higher 55 pips targeting the days high (green x). Price gradually moved lower around the daily open.
1. Price opens moves lower into 1.23460 and runs stops red x and finds support around the WO and or MO and moves higher.
2. Price opens moves lower and continues to move lower targeting all the red x into the green box. I will wait for any bullish PA to get long.
3. Price opens moves higher hunts stops red x and breaks above the 1.24137. I will wait for price to retrace back and get long.