🔸Hello traders, let's review the 1hour chart for EURUSD today.
Overall, strong price chart with sequence of higher lows in progress.
🔸Clearly defined set of overhead resistances and supports below
market price with liquidity distributed equally among buy side
and sell side order blocks.
🔸Primary pattern / structure is 3 drives in progress, expecting
a final pullback to trigger OB liquidity at/near 0510/0520 before
bullish reaction and final push (3rd drive).
🔸Recommended strategy for EURUSD traders:no trade recommended
at current price, however bulls should enter BUY/HOLD at/near 0510/0520 SL 30 pips TP1 +70 TP2 +140 final exit at 0640. Bears should
wait for further updates and get ready to short from sell side order
blocks near 0640/0660 S/R zone. good luck traders!
🎁Please hit the like button and
🎁Leave a comment to support our team!
RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Overall, strong price chart with sequence of higher lows in progress.
🔸Clearly defined set of overhead resistances and supports below
market price with liquidity distributed equally among buy side
and sell side order blocks.
🔸Primary pattern / structure is 3 drives in progress, expecting
a final pullback to trigger OB liquidity at/near 0510/0520 before
bullish reaction and final push (3rd drive).
🔸Recommended strategy for EURUSD traders:no trade recommended
at current price, however bulls should enter BUY/HOLD at/near 0510/0520 SL 30 pips TP1 +70 TP2 +140 final exit at 0640. Bears should
wait for further updates and get ready to short from sell side order
blocks near 0640/0660 S/R zone. good luck traders!
🎁Please hit the like button and
🎁Leave a comment to support our team!
RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Trade active
Note
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Disclaimer
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taplink.cc/black001
💎Syndicate Black
⚡️Gold/Forex auto-trading bot
📕MyFXBOOK verified 500%+ gains
💎GOLD EA target 100%+ gains/week
🚀supercharge your trading
💎75% win rate free gold signals
t.me/syndicategold001
💎Syndicate Black
⚡️Gold/Forex auto-trading bot
📕MyFXBOOK verified 500%+ gains
💎GOLD EA target 100%+ gains/week
🚀supercharge your trading
💎75% win rate free gold signals
t.me/syndicategold001
Related publications
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.