EUR/USD Short - July 17 '23
Updated
We are currently on a very high premium zone on EUR/USD. Formed lots of liquiidty with equal highs as well. Price liquidated higher forming a bearish engulfing candle on the H1 timeframe. Now price is closing the bearish engulfing candle imbalance and shifted market structure as well. Price above the NY opening price. Targeting a very nice zone of imbalance below. Lots of zones to rebalance below. Aggressive reversal trade, good luck traders!
Note
Took partials and stopped out at breakeven
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