EURUSD Trading Journal March 5
Previous day Price takes key buy stops
Asia
Price in a Premium takes sell side liquidity to a discount and reverses.
Price expands creating session equal highs and lower to the .70 level
22:00 macro takes liquidity reversing in the FVG from previous session
1 macro retraces in a fake out to the 50 level of the 12 candle, tipping its hand to want to expand higher
London
1:48 candle entry
2 macro comes to the body of 0:54 candle and expands
Note the candles wicks as they too tell the retracement to trust that Price is seeking higher Prices.
5 macro starts the retraces
6 to 7 consolidation hanging around the 50 level collecting orders
NY
7 macro bounces of the 50 level of the London sessions
745 price retraces
8 macro price reverses with a draw in a bullish bias to seek higher prices.
10 retraces to 50 level of FVG and goes into whip saw into consolidation.
Previous day Price takes key buy stops
Asia
Price in a Premium takes sell side liquidity to a discount and reverses.
Price expands creating session equal highs and lower to the .70 level
22:00 macro takes liquidity reversing in the FVG from previous session
1 macro retraces in a fake out to the 50 level of the 12 candle, tipping its hand to want to expand higher
London
1:48 candle entry
2 macro comes to the body of 0:54 candle and expands
Note the candles wicks as they too tell the retracement to trust that Price is seeking higher Prices.
5 macro starts the retraces
6 to 7 consolidation hanging around the 50 level collecting orders
NY
7 macro bounces of the 50 level of the London sessions
745 price retraces
8 macro price reverses with a draw in a bullish bias to seek higher prices.
10 retraces to 50 level of FVG and goes into whip saw into consolidation.
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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.