EU 4/8/23 forecast

## M15

The M15 CHoCh has printed after mitigating the H4 zone which could mean we have a reasonable amount of upside. The contradiction to that theory is that the order block with the red border is an M15 D2S zone, M15 DOB, H1 DOB and gave a really good reaction when it was formed. I would otherwise treat this as a solid zone. there is still the chance that it breaks this upside momentum and allows for price to push down to the daily IDM or the weekly unmitigated zone mentioned in my previous ideas

Tomorrow is NFP so price will likely range through the London session, engineering liquidity for the big shake up at the beginning of NY.

Bình luận:

My forecast was reasonable and we did get the upside that I had anticipated. We had a small pullback through London and then NFP sent price higher very aggressively but not quite reaching the M15 reversal, though I am confident this will happen next week.

Have a good weekend folks

Bình luận:

I took a loss trying to catch a pullback of the NFP leg and called it a week. After reviewing the day, I see that there was another opportunity for the people who stayed for NY pm -