Euro / U.S. Dollar
Short

EURUSD ABOUT TO BEGIN IT'S SHORT DISTRIBUTION

93
On July 2023, price takes out a major swing low and then dips into a Higher timeframe(3-months) FVG.
Price reacts beautifully from the level and then breaks to the downside on the weekly timeframe.

Price have shown it's willingness to want to head lower. Also, looking at the year, september is the time for distribution of shorts

Primary target for EU shorts is the sellside Liquidity @ 1.04829

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.