EURUSD short

price is falling since december, it made trend liquitidi,failed to create lower low ,,then make a ressistance liquiditi that was now taken.We are in zone of last lower high and fibo 0.7 zone, with tommorow bad news for EUR it can be start of reversal and dropping to the last lower low

Trade active

We can put SL to the BE to our first position ande we are risk free now.Price came to the daily demand and flip zone , last daily low before big push .Now we can expect a retracment to the upside and taking imbalace and internal liq between 1.08700 and 1.0900 on H4/H1 . After that we can expect further continuation to the downside. If price goes by this scenario with new confirmation on h4 we have a opportunity to scale in with new position

Trade active

After last update this morning we have liq grab at 1.08700 ,and after that very nice push and formed h4 bearish engulfing. Now we can wait retracment to scale in for further continuation.

Trade active

After last update we had a nice opportunity to scale in on h4 ,and that new positions are risk free also until now. We are in NFP week and it is important to secure profit and positions because we dont know how it will reflect to the market tommorow. Also yesterday we had a FOMC where Powell said a rate cut could happen as soon as the next meeting so this should also be taken into account for next days/weeks setups.

Trade closed: stop reached

This morning partial of profits are taken ,and after with NFP rest of position is closed at SL price 1.08400 . Very nice and agressive Euro move, so we are waiting for new opportunities.

MarioM113

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