It seems that EURUSD has formed nested setups, indicating potential short-term bearish movement. Signs point to a possible short setup targeting the 4H order block. However, since this move would go against the prevailing higher-timeframe trend, the probability of it playing out might be lower.
🔍 My Trading Approach:
My trading approach is built around price imbalances and liquidity. I focus on aligning entries with session timings, identifying daily bias and key liquidity levels, and using tools like FVGs for precise execution.
🎯 Profit-Taking Rule:
I usually secure profits once price has moved at least 1.5× the stop-loss distance in my favor
Trade closed: target reached
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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.