EURUSD/LIVE SETUP/SHORT/6.5.22
Price has just broken out of a range and has just made PA looking for the source of the break. Looking for a short into that. Here's the H4 chart:
M15 next, We can see demand engulfed, and a clear source of buying that price's algorithm looks for. Above we have a strong pole down initiating the engulf, and price is reaching back into grab some orders, I've placed some sells at possible sources of engulf, we shall see this play out.
M1 shows the nitty gritty. Looking for the last ignored demands to get the best price.
M15 next, We can see demand engulfed, and a clear source of buying that price's algorithm looks for. Above we have a strong pole down initiating the engulf, and price is reaching back into grab some orders, I've placed some sells at possible sources of engulf, we shall see this play out.
M1 shows the nitty gritty. Looking for the last ignored demands to get the best price.
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.