EURUSD OUTLOOK 20 - 24 JAN
A very simple setup on EU. We have two liquidity points being the Weekly high and low which currently have about an equal chance of being taken.
Currently structure on the 1H is bearish and will be looking to short targeting the weekly low. If price starts to give bullish structure then the weekly high will be my target.
Strict risk management is key to getting through a setup like this where we have equal chances of going in either direction.
Flow with the market and follow your rules
Currently structure on the 1H is bearish and will be looking to short targeting the weekly low. If price starts to give bullish structure then the weekly high will be my target.
Strict risk management is key to getting through a setup like this where we have equal chances of going in either direction.
Flow with the market and follow your rules
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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.