EURUSD on Bearish correction.
Market grabbed today some liquidity at 1.1008 area, so now, must trap buyers, going down to fill some imbalances near 1.0860. After, If not hold, market will retest 1.0760 zone. Or 1.0860 can be a area where between 1.0820/60 market will reverse for upside trapping sellers. So pay attention to PA at 1.0860 imbalance area.
Market grabbed today some liquidity at 1.1008 area, so now, must trap buyers, going down to fill some imbalances near 1.0860. After, If not hold, market will retest 1.0760 zone. Or 1.0860 can be a area where between 1.0820/60 market will reverse for upside trapping sellers. So pay attention to PA at 1.0860 imbalance area.
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4h chart
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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.