EURUSD EMBARKING ON A BULLISH ASSIGNMENT TO PREMIUM PRICE.
Last week we saw price took out the sellside liquidity in the old lows below, before Friday last week we saw price distribute slightly lower, were now currently at deep discount on EU and were going to start seeing smart money push the price up.
as I we know, smart money buy at discount and they sell at premium.
we already have an institutional backing on the bullish move, we have an order block which is the sign of the banks or smart money placing their orders to get prepared for the bullish moves.
I'm expecting price to take out the series of buyside liquidity above the old highs marked out above, seeing it return to a fair value at premium before we start expecting the reversal in the direction if the order flow.
EU is going to be bullish for this week, going long will be more profitable than short positions.
STEFANFX.......
as I we know, smart money buy at discount and they sell at premium.
we already have an institutional backing on the bullish move, we have an order block which is the sign of the banks or smart money placing their orders to get prepared for the bullish moves.
I'm expecting price to take out the series of buyside liquidity above the old highs marked out above, seeing it return to a fair value at premium before we start expecting the reversal in the direction if the order flow.
EU is going to be bullish for this week, going long will be more profitable than short positions.
STEFANFX.......
Trade closed: target reached
Price already got to a premium PD-array price swing..
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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.