FVG in EURUSD, possible liquidity sweep incoming
Updated
EURUSD on the 1 hour timeframe had a bullish imbalance toward the up side (this can be due to a large amount of limit orders from a news event, data dump, or a bank placing large amounts of volume in this area in the market). If the price comes down to sweep liquidity it would be a very good time to seize the opportunity on a long position. If the order is not filled by the end of today (UTC-6 time), the order will be closed automatically. If the price goes below the major low, it may also be a sign of a possible trend reversal, so be cautious always.Note
buy limit is pending.* entry: 1.10433
* TP: 1.11296
* S/L: 1.10231
Note
re-opened pending order with GTC, if price does not come down, will close the trade manuallyOrder cancelled
Bearish RSI divergence has been observed, so I will pass on this trade until I get further confirmation on a good quality trade setup. I am going to wait for price to break in any direction whether it be up or down before placing any more trades.
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