EURUSD Looking Short
Liquidity taken out on the X
Scenario 1. Smart Money Entry
If the above breaks and hit the SL then
Scenario 2. May play from here
The big TP area is an area of importance from a previous swing structure in the past on its Money Zone
Although this could take some time to get to this area if the entry is hit if both scenario 1 or 2 SL do not get hit there could be a potential for a nice down trend worth risking 1%
Liquidity taken out on the X
Scenario 1. Smart Money Entry
If the above breaks and hit the SL then
Scenario 2. May play from here
The big TP area is an area of importance from a previous swing structure in the past on its Money Zone
Although this could take some time to get to this area if the entry is hit if both scenario 1 or 2 SL do not get hit there could be a potential for a nice down trend worth risking 1%
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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.