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Euro / U.S. Dollar
Short

EU - 2nd of April

104

We have sold off clearing nearly all the liquidity from the previous bullish leg, we still have a very tiny FVG as marked, we could take the LQ into this FVG, clear and start to see bullish intention; im kind of confused as i see a bullish scenario from the previous bullish leg but also a bearish scenario from the current front leg. Zones I will be looking at on the M15 are as shown, i think we could continue into the tiny FVG from the previous H4 leg (marked yellow) iv also marked out the immediate DOL and the higher DOL from the intial break, the DOL from the initial break lines up perfectly with the 0.705 of the bearish fib, with the overall breaker lining perfectly with the 0.5 of the bearish fib.

Longs into shorts (taking immediate liquidity) with shorts continuing with the current front leg

H4
snapshot
M15
snapshot
Ryany88
Trend Analysis

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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.
Trend Analysis
Ryany88

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.