1-Downtrend on daily or whatever timeframe
2-Lots of liquidity to clean below 1.56254
3-Price failed to swep the liquidity and tried
to form a recover uptrend to make everyone think that we will have a change of trend
then dropped down and decided to make the last attempt to recover before dropping
all the way down.
4-POI candle ( 3hr tm ) at 1.5700 which is a round number as well
5- 88.60 fib level
6- Im going to check the price action
on the small timeframe to decide if im gonna
snipe my entry or wait for a possible fakeout since it is the last recover for euro
before dropping down
2-Lots of liquidity to clean below 1.56254
3-Price failed to swep the liquidity and tried
to form a recover uptrend to make everyone think that we will have a change of trend
then dropped down and decided to make the last attempt to recover before dropping
all the way down.
4-POI candle ( 3hr tm ) at 1.5700 which is a round number as well
5- 88.60 fib level
6- Im going to check the price action
on the small timeframe to decide if im gonna
snipe my entry or wait for a possible fakeout since it is the last recover for euro
before dropping down
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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.
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.