Fiber
BEARS KEEPS A TIGHT GRIP ON EU BULLS!Sellers are having a swell time violating buy zones this week, while we expected shorts, we had hoped to see a potential retracement move give us a chance to enter long (counter-trend/high-risk) but that has not happened.
While price did bounced of this level a few times showing bullish reactions, they were insufficient to determine a shift in sentiment, now attention has shifted to this weekly FVG where we begin to watch for clear bullish reaction from the 4hr TF up to the daily TF .
We'll keep fingers crossed until a reversal pattern prints!
EURUSD Potential LongAs EURUSD stalls at the immediate demand level talked about in the previously shared idea, our expectation was to see bullish price action print, which was delivered with Friday closing very bullish. While this was expected, it does not appear the buy move is ready as there are still some bears lingering in this market.
With this in mind, my anticipation for this week is to see the Fiber trade above last Thursday's high (1.0874) where we have sell-stops sitting in the interim. Clearing this liquidity should be sufficient in seeing price roll deeper into that demand where we expect to see the bulls take charge for a bit, 1.0808 being the price of interest for buying.
Should price print as predicted, we should have a retracement buy move play into our hands.
See y'all mid-week,GLGT!!
LloydFx
BUY EURUSDToday I am monitoring EURUSD for a classing double move. I expect price to drop form here to to 1.08088 level where I have more buy entry. My stops are below 1.07900 and I target 1.08787 and above. It is important to use proper risk management and have all factors considered. I wish you all the best as we get into the second half of the year.
BUY EURUSDEURO has pushed lower, this is common when market makers are looking for lower prices to buy from. They are definitly bulish (100%). I know this from my own source. Lets tap this buy from this level 1.0705, keep stops tight at 1.0670 target 1.0850 and above. Always use proper risk management. As BOJ intervens for yen we will see spike up on EU so we are strongly bullish as well. Good luck to you all.
BUY EURUSDEURUSD failed to make a stronger drop during NY session. Price has mitigated the previous surge. I expect a pullback to make new highs on tomorrows trading day. Entry at 1.083 stops below 1.0816 targets above 1.0896.
Be advised my ideas are solely my own and they do not constitute to any signal service nor financial advice. Use your own entry level and own risk management.