On the 4hr timeframe, EURUSD has been on a sell trend, braking market structure to the sell side. I can see a range bound structure forming indicating liquidity being built up which the buyside ought to takeout heading to the unmitigated 4hr Order Block (OB).
I anticipate a sell continuation from the 50% range of the OB to takeout the buyers positioned to take trades at the lower end of the range structure formed.
I would look to take a trade after my trade entry requirements are met on the lower time frames.
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