Last week there were 3 strong bearish days on 
EURUSD, leaving an imbalance behind and a Weekly bearish candle. Today, as I find it with a strong bullish movement from the open and London, I keep my eyes on shorts. This move might just end up being the weekly top wick, as nothing goes up or down in a straight line.
I found an imbalance with, what I perceive as, liquidity nearby. With a red folder news coming up at 10:00am NY time, it might reach it. Let's wait and see. This is my thought and move for today. For now.
EURUSD, leaving an imbalance behind and a Weekly bearish candle. Today, as I find it with a strong bullish movement from the open and London, I keep my eyes on shorts. This move might just end up being the weekly top wick, as nothing goes up or down in a straight line. I found an imbalance with, what I perceive as, liquidity nearby. With a red folder news coming up at 10:00am NY time, it might reach it. Let's wait and see. This is my thought and move for today. For now.
Trade active
I was too stringent, as I placed my entry based on a 30m OB, but it reacted from the 1H (2 pip difference). I entered manually. This happened later than what I would've liked. Monitoring; I'd like to see some strong rejection before the daily candle closes.
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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.