I'll put a deeper analysis up later, I'm trading right now.
EURUSD looks like it may be ready to make it's final low of 2020?
Trap Move: Equal highs cleared on the H1 and price reversed back under, looks like a grab for liquidity, the banks seem as if they want to sell.
The Target is bank orders that are still sitting there from 2017
Today's close is important, we want it to close lower then yesterdays.
EURUSD looks like it may be ready to make it's final low of 2020?
Trap Move: Equal highs cleared on the H1 and price reversed back under, looks like a grab for liquidity, the banks seem as if they want to sell.
The Target is bank orders that are still sitting there from 2017
Today's close is important, we want it to close lower then yesterdays.
Note
Idea still in play, looking to potential short during Asia tonight, and hold throughout next week as we approach NFPNote
Still wants it
Each week, I send an email breakdown of the best forex setups, watch zones, and market trends so you can trade with confidence.
Your next setup is waiting—Subscribe for access to my weekly outlooks.
Your next setup is waiting—Subscribe for access to my weekly outlooks.
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.
Each week, I send an email breakdown of the best forex setups, watch zones, and market trends so you can trade with confidence.
Your next setup is waiting—Subscribe for access to my weekly outlooks.
Your next setup is waiting—Subscribe for access to my weekly outlooks.
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.