I think there may be a good opportunity to buy at 1.1715 today during NY.
Price has cleared three daily lows in a row, however I see some liquidity targets still unreached (imbalance, SL pool, and a mitigation at 1.1950)
We are approaching an untested point of control at 1.1715.
We are completing a bullish shark / bat pattern at that level as well.
Look for entry between 7am-9am (NY open)
This is the same idea/setup as the GBPUSD I posted a few hours ago. That one just hit TP1
Wait for confirmations!
Price has cleared three daily lows in a row, however I see some liquidity targets still unreached (imbalance, SL pool, and a mitigation at 1.1950)
We are approaching an untested point of control at 1.1715.
We are completing a bullish shark / bat pattern at that level as well.
Look for entry between 7am-9am (NY open)
This is the same idea/setup as the GBPUSD I posted a few hours ago. That one just hit TP1
Wait for confirmations!
Note
No entries allowed between 5:30am and 6:30am...that is UK/EU Lunch Break.The bankers are eating sandwiches. Not trading
Note
This idea is invalid now, needed it to happen yesterday, pair looks bearish
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Each week, I send an email breakdown of the best forex setups, watch zones, and market trends so you can trade with confidence.
Your next setup is waiting—Subscribe for access to my weekly outlooks.
Your next setup is waiting—Subscribe for access to my weekly outlooks.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.