EURUSD Ahead of Inflation DataYesterday, EURUSD continued its upward movement, reaching 1,0381.
Later today, U.S. inflation data will be released.
This news has a significant impact and will determine the next move for the USD.
If the pair continues to rise, the target will be to break previous highs and reach 1,0568.
Be cautious of misleading price movements and avoid emotional trading!
Fvg
A small BTC longI entered a long position on BTC at 96,003.8, buying at the bottom of a 1H/4H order block. The confluence between these timeframes suggests strong bullish potential, as price often reacts positively when multiple timeframe order blocks align. My Take Profit (TP) is set at 97,151.0, while my Stop Loss (SL) is at 95,452.0.
Despite the bullish setup, I’m cautious because there’s a 4H Fair Value Gap (FVG) sitting right above my order block. This FVG could act as short-term resistance, limiting upward momentum. Given this, I’ve opted for a conservative TP to secure profits without overexposing myself to potential reversals.
Trading AUDUSD | Judas Swing Strategy 29/01/2024Last week was a slow one for the Judas Swing strategy, with only a single trade across our key currency pairs—GBPUSD, EURUSD, AUDUSD, and NZDUSD. But here’s the good part: that one trade was a winner, closing the week up 2%
This is a perfect example of why sticking to your strategy matters. We didn’t force trades just because opportunities were scarce. Instead, we trusted our tested system and the data behind it. In trading, discipline is everything, short-term fluctuations don’t matter as much as the long-term edge. By staying patient and following the plan, we set ourselves up for consistent success. In this post, we’ll walk you through the entire process, from setup to outcome and share key insights from these trades
By 8:25 EST, we were already at our desks, prepping for the session. As always, we marked out our key zones, patiently waiting for either the high or low to be swept to establish a directional bias. By 8:45 EST, price had already taken out the liquidity resting at the low of our zone—our cue to start looking for potential buying opportunities
With our bias established, we don’t just jump into trades, we wait for our key conditions to be met:
1. Break of structure to the buy side
2. A Fair Value Gap (FVG) must be left behind
3. Price must retrace into the FVG
Until all three conditions align, no trade is taken. Even if two out of three are met, we stay on the sidelines. Following this plan ensures we only take high-probability setups.
By the close of the 9:35 EST candle, all the conditions on our entry checklist were met, confirming a valid trade setup. We executed the trade with a 1% risk on our account, aiming for a 2% return
Entry: 0.62168
Stop Loss: 0.62058
Take Profit: 0.62368
Now, it’s all about letting the trade play out according to the plan
After executing the trade, we saw minimal drawdown as price moved smoothly, printing higher highs (HHs) and higher lows (HLs), perfect for our buy position. A sharp drop suddenly sent price back to our entry point. But instead of pushing down further, price quickly rejected that level, leaving wicks behind before reversing back in our favor.
This trade is a prime example of why we don’t move our stop loss to breakeven just because a trade is moving well. Through extensive backtesting, we've observed for this strategy that these temporary pullbacks happen often, and in most cases, the trade still plays out as expected. Of course, there are times when price fully reverses and hits our stop loss but that doesn't happen often. Our patience paid off as our 1% risk translated into a 2% return, proving once again that disciplined execution and sticking to the plan yield results.
BTC Fractal PredictionFacts:
The orange oval shows the part of the chart I used to create the forecast.
Yelllow green zones are demand FVGs and purple zones are supply. The green zone signifies the demand order block, and the zones are based on 9h TF.
Fibs are based on long term levels (not drawn from renko values).
*Note this is a Renko chart
Opinion:
If the prediction has any semblance to what will happen, it would be reasonable to suggest longs are accumulating down to maybe 88k without going too low where traders will then try to grab as much liquidity from 91-99k on the way up to sell after they push the price past ATH. A wick down to 88k, as low as even 84k could be expected here, and if the fear index continues dropping we might even see 80k being the target with a wick down to 76k. A bottom in the 70k range might result in an ATH target around 169k, while 141k would be what I think is the next top for a less extreme scenario, 123-125k being either the consolidation or retracement level for all cases. Next level after 141/169 would be the big 200k, where in most attempts at using this method of pattern prediction has shown it would very quickly retrace from.
As time passes, confidence in the 73k level as final support is increasing quickly as VWAPS, ATR based supports and moving averages continue to meet and surpass that price level on longer and longer timeframes and lengths. It might require very specific circumstances along with a very coordinated selloff to cause the price to drop below 73. How the market reacts once we break our 91k support will be interesting to see as there are more new investors and crytpo derivatives this season than ever.
Two Daily Gaps attract market for pullbackAlthough S&P500 is within uptrend, recent days has left two clearly visible gaps behind. That means that it is highly possible that SPX will come back to cover those gaps in the near future, before it continue uptrend (if it will). Same picture at NDX chart with two 4H gaps.
I take this idea to apply to all markets including crypto. While chances to resume higher timeframe uptrend are valid for Bitcoin, Stock Indices will most probably influence it's short term price action.
ENA LONG/SHORT Strategy on 4 Hour (and long-term TP's)For some short term plays:
I always have limit orders placed at FVG's and ENA has just posted two big FVG's on the 4HR chart as it recovers from this weeks volatility.
I'd be expecting these to be filled/touched at some point, with the 0.618 FIB also playing a role I think a reasonable buy would be at the ~1.0159 mark. If the price continues to rally to ~1.23 I may go short if OBV (yellow line is 14 EMA) indicates so. I have a limit order buy at this level but will need to confirm with OBV (I also have Stoch OBV, OBV RSI for confirmations not shown here).
Why this may be not happen? A very strong project with great potential to reach new all time highs. Price could easily keep running based on its fundamentals alone.
A long term perspective:
I've got take profit targets at 1.73, 1.97, 2.67, 3.81 and 4.94 for my long term positions.
Trading EURUSD and NZDUSD | Judas Swing Strategy 17/01/2024Last Friday was an exciting day trading the Judas Swing strategy! We were fortunate to spot two solid opportunities, one on EURUSD and the other on NZDUSD. Both trades presented similar setups, and once they ticked all the boxes on our trading checklist, we didn’t hesitate to execute. In this post, we’ll walk you through the entire process, from setup to outcome and share key insights from these trades.
By 8:25 EST, we were at our trading desk, prepping for the session to kick off at 8:30 EST. During that brief wait, we marked our trading zones and patiently watched for liquidity resting at the highs or lows of the zones to be breached. It didn’t take long, NZDUSD breached its low within 20 minutes, while EURUSD followed suit just 40 minutes into the session. With the liquidity sweep at the lows complete, we quickly shifted our focus to spotting potential buying opportunities for the session ahead.
Even though we had a bullish bias for the session, we never jump into trades blindly. Instead, we wait for confirmation—a break of structure to the upside, accompanied by the formation of a Fair Value Gap (FVG). A retrace into the FVG serves as our signal to enter the trade. On this occasion, both currency pairs we were monitoring met these criteria perfectly. All that remained was for price to retrace into the FVG, setting us up to execute the trade with confidence.
Price retraced into the FVG on both EURUSD and NZDUSD, meeting all our entry requirements. We executed the trades risking 1% on each setup, putting a total of 2% on the line. Our target? A solid 4% return. The setup was clear, the risk was calculated, and we were ready to let the trades play out
After executing the NZDUSD trade, it was pure momentum—zero drawdown as the trade went straight into profit without hesitation. The same was true for EURUSD, which also faced minimal to no drawdown and quickly hit our take-profit target. Both trades wrapped up in just 25 minutes, netting us a solid 4% return. These are the kinds of sniper entries traders dream of!
But let’s be real, trading isn’t always this smooth. There will be times when you face deep drawdowns and even losses. The key is ensuring your strategy wins more often than it loses. And if your losses outweigh your wins, make sure your winners are big enough to cover those losses. Consistency and proper risk management are what keep traders in the game for the long haul
Trading AUDUSD | Judas Swing Strategy 15/01/2025Yesterday, we had an awesome trading session using the Judas swing strategy. We entered a trade on AUDUSD and secured a 2% gain! As is customary, at 8:25 AM EST, we commenced the day by reviewing the essential items on our Judas Swing strategy checklist, which comprises:
- Setting the timezone to New York time
- Confirming we're on the 5-minute timeframe
- Marking the trading period from 00:00 - 08:30
- Identifying the high and low of the zone
Once we’ve covered the basics on our checklist, the next step is to identify a sweep of liquidity on either side of the zones we’ve marked. For this trade, we observed a sweep of liquidity above the high of the zone, signaling a potential opportunity to focus on selling setups for this trading session.
To avoid getting ahead of ourselves, we patiently wait for a break of structure to the sell side as additional confirmation of our sell bias. Notice how we didn’t rush into the trade, despite having a bias for the session. Instead, we chose to wait for the market to validate our bias. After some time, the break of structure to the sell side occurred, leaving behind a FVG, further supporting our analysis
The next 5 minute candle retraced to fill the FVG left behind, completing all the requirements on our entry checklist. With our criteria met, we executed the trade, risking 1% of our trading account in pursuit of a 2% return
After executing the trade, we encountered minimal drawdown as it quickly began moving in our intended direction. From that point, all that was left was to patiently wait for the trade to reach our objective and secure the 2% return
Our patience paid off with this AUDUSD trade, as our take-profit target was hit after just 1 hour and 20 minutes in the trade. This reinforces the importance of sticking to your plan and trusting the process—discipline and patience are key to long-term trading success
Is ZEN Preparing for a Bounce? Key Levels to WatchZEN recently broke down from a 10-day descending triangle, signaling bearish continuation with strong selling volume. This triangle forms the B wave of an ABC corrective pattern, indicating further downside is likely before any potential reversal. Let’s dive into the technical details and key levels to watch.
Key Observations and Levels:
1.) Descending Triangle Breakdown:
The measured move target of the descending triangle lies at $18.7, aligning perfectly with multiple confluences:
The 0.702 Fibonacci retracement from the recent lows.
The previous trading range highs, adding historical support to this level.
2.) Fair Value Gap (FVG):
Back in December, ZEN broke out of its previous trading range, leaving an unfilled FVG around $19.5, our previous high on December 7th, 2024.
This gap represents a significant area where price may return before resuming its trend.
3.) Support Zone – $20 to $18.7:
The $20 psychological level is a key point and aligns with our support trendline from previous lows.
The Fibonacci negative 1 extension of the descending triangle also targets $18.7, further reinforcing this level as a significant support.
4.) Trade Setup:
The $20–$18.7 zone presents a strong support area with multiple confluences, making it a favourable entry point for a long position.
However, confirmation is essential! Watch for bullish candle patterns and volume signals before entering.
Conclusion:
ZEN’s breakdown from the descending triangle suggests further downside, but the $20–$18.7 zone offers a robust support area with several technical alignments: Fibonacci retracements, the descending triangle target, historical range highs and an unfilled FVG.
This zone presents an attractive long opportunity, provided confirmation signals are present. Monitor the price action closely in this range to capitalise on a potential bounce.
Happy trading everyone!
UDSCAD Sell SetupPrice had broken the sideway movement support at 1.4335, and risen back to the H4 FVG area between 1.4406 - 1.4440, presenting an entry opportunity.
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Disclaimer
The analysis and content provided here are intended solely for personal journal and educational purposes. This information does not constitute financial advice, investment advice, or a recommendation to buy or sell any securities. Trading involves significant risk, and you should only trade with money you can afford to lose. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.
Trading GBPUSD and NZDUSD | Judas Swing Strategy 30-03/01/25The past week offered a subtle reminder that trading isn't always about pushing the buy or sell button. Sometimes, when market conditions are less predictable, it is advisable to sit back and concentrate on tape reading to allow market to reveal its intentions before engaging in trades. During the festive season and approaching the New Year, the market often exhibits erratic behaviour, making trading a bit difficult, and traders are often slaughtered under these conditions. Using the Judas Swing strategy, we scouted for trades during this period to evaluate how the strategy would perform under these conditions.
On Monday, we did not find any trading opportunities on the four currency pairs we were monitoring. Fortunately the next day, we saw a potential trading setup forming on GBPUSD which caught our attention. We saw a sweep of liquidity on the sell side, signalling potential buying opportunities on GBPUSD. This followed a break of structure to the buy side, that price leg also left behind a fair value gap (FVG). With these conditions aligning, all we need is a retrace into the FVG to fulfil the entry requirements on our checklist.
Twenty minutes later, we saw the retracement needed to enter the GBPUSD trade, triggered by the candle that closed within the FVG. We executed the trade with a 1% risk allocation from our trading account, aiming for a 2% return on this setup.
This trade barely showed any profit before hitting our stop loss within twenty five minutes, leaving us down by 1% for the day. Did losing that amount bother us? Not at all. We were fully comfortable with the risk we had allocated for the trade.
Wednesday didn’t present any trading opportunities, but on Thursday, we identified a promising setup on AUDUSD that we were eager to capitalize on. Once the price retraced into the FVG and all the requirements on our checklist were met, we executed the trade, risking 1% of our trading account with the goal of achieving a 2% return
The AUDUSD trade came within a few pips of hitting our take profit (TP) before reversing and going the other way. From our backtest data, we’ve observed that taking partial profits negatively impacts the strategy’s overall performance over time. Instead, allowing trades to play out fully either hitting the stop loss or the take profit has consistently delivered better results in the long run. While reviewing our data, we also noted that it’s not uncommon for trades to come very close to hitting TP, only to reverse and hit the stop loss. Although this doesn’t happen often, it’s a pattern we’ve seen before during our backtesting sessions, so it wasn’t surprising when it occurred here.
Taking a loss like this can be emotionally taxing, especially if you risked more than you could afford to lose or weren’t prepared for such scenarios due to a lack of backtesting. That’s why we can’t stress enough the importance of backtesting—it allows you to observe various scenarios in action and equips you to handle these situations more effectively.
Friday didn’t present any trading opportunities, leaving us down 2% on our trading account for the week. However, we’re okay with this outcome, knowing that one good trade can offset those losses.
Update: EUR/USD Downward Movement to Continue?In my previous analysis, I highlighted the potential for bearish continuation, targeting the sell-side liquidity (SSL) below.
As anticipated, the price respected the retracement into the Daily FVG and Fibonacci zones, sweeping liquidity by taking out the highs. This reaction confirmed bearish intent. On the lower timeframes, a clear entry opportunity emerged, and the pair has since moved lower, heading toward the anticipated SSL target.
The bearish structure remains intact, with the next key area of interest around the liquidity pool below.
This setup took a week to deliver an entry, but the rewards were definitely worth the wait! This goes to show that patience is essential in trading—there’s absolutely no need to trade every day to succeed.
Trade safe!
Possible 97,800 jumpDaily: Downtrend
4H: Downtrend to turn Uptrend
1H: Uptrend
30M: Uptrend to turn downtrend for entry.
Two decent big FAV gaps as you can see on screen, and 4 Liquidity spots for price to draw to.
I think we will see the bitcoin to go up before it can follow the daily downtrend, because it needs to fill in those FVG and claim the liquidity spots.
Entry: 93,0xx when price drops into an premium buy at the FAV on the lower side, entry when seeing MACD signal line getting crossed at the 3Min.
Take Profit:
1: 94,800
2: 95,800
3: 96,900
4: 97,800.
Week of Oct 24, 2022 - Price Action StudyDownload the Chart and Use the Groups of Drawings to Navigate the HTF Bias(Trend) and Context (PD Arrays), Narrative (Probable PD Array to be reached for next), Entries (1H/15m), and Risk (CBDR and levels in chart)
With the period starting mid-week Oct 24, 2022 - Thursday Journal
Define Weekly Range Profile with IPDA True Day Markers
Done - IPDA True Day Lines
Out of IPDA 60 Day Range, Price is in the bottom of a Discount range
Guess for Weekly Range Profile - Classic Tue Low of Week
Reason: Tues had a lower close, my hypothesis is that Price will make the high of the week aligned with the short term weekly high from Sep 12, 2022
Therefore if Price has not reached the target Premium PD Array by the London session, I aim to buy Orderblocks into the Sep 12 Weekly High before turning Bearish (FULL CONTEXT HYPOTHESIS)
On 1H Chart, you can frame the target areas you want to trade from
EOD Wednesday - End of NY PM Session ends the day on a higher high and the high of the week so far
Thu Asian Session - Consolidation above the 1H OB from Oct 26th
The 1H OB has been wicked twice in previous NY AM Session
Price has created EQ Candle lows across Wed NY PM Session and Asian Session
Thu London Session - Price moves aggressively into the 1H OB
I know now that I am going to drop down to the 15m timeframe to look to execute an entry
Huge Detail: WE ARE LOOKING FOR A LTF PD ARRAY TO FORM INSIDE THE 1H ORDERBLOCK TO VALIDATE ENTRY
London Session continues to move down into the 1H OB
Thu London Session EOD (5m/15m)
Shortly after 5am Close, 5m and 15m chart shows MSS and creates 15m OB
Looking for Entry on PD Array on 15m Timeframe (More Probable TF)
5m if refined entry
NY Session AM (5m/15m)
BIG NOTE: If News coming at 830a EST, move should happen after that - try to not Trade through 830a - that is GAMBLING, not Trading
Depending on news being present, entry as the following
Entry Price:
Top of OB - 1.157
OB 50% Threshold - 1.156
No High Impact News/Events post 830a EST: 15m candle down close inside of 15m OB
With High Impact News/Events post 830a EST: After 830a or whenever time the news is released (FOMC 2p EST)
Entry in Case Study if condition is present: 845am
Entry in Case Study if condition NOT present: 800am
May just wait for 830a since it’s closer to NY AM Session Open?
Important: What made this entry work?
Price never closed under OB low after entering 15m OB
Price showed 15m MSS (a 2 bar close under 15m OB is low proabability)
William %R Divergence: Price making Lower Lows dropping into 15m OB and Higher Highs on William %R
Exit Analysis:
Original Price Target:
Sept 12th Old Highs (4:1 RR) | Price: 1:174
Intermediate Target(s):
Asian Session Bearish OB (1:1 RR) | Price: 1.162 (50% threshold)
Result: Price failed to reach Original Price Target which makes sense as there did not seem to be high impact news present - with this we would aim for 1:1 or 2:1 moves using CBDR as reference for spread
Move ended up reaching 1:1 RR aligned with 1H Bearish OB BREAKEVEN
Thu IPDA Range Conclusion:
Asian Session created Thu High
NY Session AM Distribution leg created a lower high on 1H timeframe
IPDA True Day closed in Discount area of the Wed 1H OB
Midnight Price closed at EQ area of the Wed 1H OB
With the period starting mid-week Oct 24, 2022 - Friday Journal
Define Weekly Range Profile with IPDA True Day Markers
Done - IPDA True Day Lines
Guess for Weekly Range Profile - Classic Tue Low of Week
Reason: Wed had a higher close and made the High of the Week around 1AM Thu before selling off and creating a lower high, my hypothesis is that Price will finish the week with a choppy day or lower close than Thu
Therefore if Price has not reached the target Premium PD Array by the London session, I aim to buy Orderblocks into the Sep 12 Weekly High before turning Bearish (FULL CONTEXT HYPOTHESIS)
On 1H Chart, you can frame the target areas you want to trade from
EOD Thursday - End of NY PM Session ends with price
Idenfied Wed FVG under the 1H OB that was mitigated Thu
Marked 50% level of FVG
Thu Asian Session
Short Rally after closing below Thu NY Close then selling off later into day
I know now that I am going to drop down to the 15m timeframe to look to execute an entry
Fri London Session - Price moves aggressively down into the 1H FVG
Huge Detail: WE ARE LOOKING FOR A LTF PD ARRAY TO FORM INSIDE THE 1H ORDERBLOCK TO VALIDATE ENTRY
Price creates a 15m Breaker Block and 15m Bullish OB in London
Fri London Session EOD (5m/15m)
Price trades back into Breaker Block at 5am
Entry Price: 1.152
NY Session AM (5m/15m)
Price Trades to Thu NY Session close before print Bearish hammer candle and close below Thu NY Session close
Intermediate Price Target
As price moves into NY Session, adjust 15m OB to last unmitigated candle before 830a EST
BIG NOTE: If News coming at 830a EST, move should happen after that - try to not Trade through 830a - that is GAMBLING, not Trading
Depending on news being present, entry as the following
Same with or without News:
FVG nested Breaker Block retest 845am | Entry Price: 1.152
Important: What made this entry work?
Breaker Block forming on 15m timeframe aligned with 15m OB inside of 1H FVG near EQ (Strong Probablity)
Exit Analysis:
Original Price Target:
Fri Asian Session Highs (2:1 RR) | Price: 1:159
Intermediate Target(s):
Thu NY Session Close (1:1 RR) | Price: 1.156
Result: 2 Trade Opportunities
London Session 530a - 730a, 1:1 (Entry/Exit/RR)
NY Session AM 845a - 1045a, 2:1 (Entry/Exit/RR)
If held through 4p EST close, 2.75:1 RR (2x CBDR from entry)
Fri IPDA Range Conclusion:
Friday closes Higher than NY Session Low
We do not count Sun price action independently
Confirmed Weekly Profile - Classic Tue Low of Week
Price seems to be close to discount than Premium range
Traded inside of Wed Oct 26th candle on Thu/Fri
Complete analysis - shooortS&P 500
Bias:
• Weekly – Uptrend
• Daily – Downtrend
• 4H – Uptrend
• 1H – Uptrend
Fair Value Gap’s.
• 5,740 – 5,830 on the daily
• 6,038 – 5,934 on the daily, filled in by last candle
• 5,979 – 6,016 on the 2H, (23 Dec 15.30 – 24 Dec 11.30)
Order Block:
• 6,037 – 6,063 on the 1H, (17 Dec 15.30 – 18 Dec 11.30)
• 5,892 – 5,840 on the 30M (19 dec 15.30 – 20 Dec 09.30)
Liquidity pool:
• 5,700
• 5,854 (Got hit at 09.30 and Bullishly swept from 09.50 ending in a Premium short with the use of Equilibrium at 12.00)
• 6,102
I think we are going to se it draw back in to the FVG that the last three 2H candles created before then testing the Order Block at 6,037 – 6,063 and procced to hunt the liquidity laying at 6,103 since it’s on a bullish rally on the daily since 20 Dec after hitting Liquidity laying there.
Before dipping all the way down to the FVG at 5,740 – 5,830.
And I think it will go on to the Premium buy side since the market would probably want to hit the Liquidity laying at 5,700.
Though I really doubt it is going to hit that since we are in an weekly uptrend.
From the previous reactions of all the building block I showed it seems it will still follow the same pattern if not any news shows up, I have showed prices reacting of previously named building blocks and then proceeded to predict it next moves based on that the market will continue that pattern.
Ideally the best entry for a short would in my opinion be at 6,102 and above after seeing a break of structure to the downside at the 15M chart.
I am pretty new to this so would love any feedback. You don’t agree with the analysis? Then please comment why so I could see you’re resoning.
Bullish Setup for Fartcoin: Watch the FVG ZoneFartcoin is trading within an ascending channel, showing a steady bullish structure. The price is currently near the fair value gap (FVG), which could act as a support zone for a potential retest before continuing upward.
A breakout above the channel's resistance may lead to a strong rally, targeting higher levels.
Heavy Short coming.Starting it will want to fill some orders at the fair value gap (purple rectangle) at the top before dropping, but since that level i so high i i am not sure at all it will go there first.
Then we see a huge fair value gap ranging from FWB:73K to $90K, massive lack of liquidity. And market can’t have that if the idea is for it to reach even bigger ATH’s.
Under that FVG you can se several Liquidity lines (4 to be exact) laying before another FVG and liquidity spot comes again.
So we see that market really needs to draw down there before acceding up.
Red circle marks an order block (Price range where orders where filled) so we see that liquidity has previously been filled at that level so that supports my theory even greater that market is looking to drop down to that area.
There are way to much liquidity missing there and liquidity to get under there again for market to go further up then were it is standing as off now.
Hope you understood my POV, would extremely appreciate just a thumbs up or down! New to this.
A lot of green signals in my eyes.Here i have placed 4 Fair value gap's (Purple rectangle) where 1 is already hit pefectly by that way it dip in to Equilibrium and bought at a premium price and it has responded just perfect of that for the rest of my prediction.
Now, there are three pretty good Fair value gap's above, that market want's to reach so it can fill orders / Price ranges where it lacks liquidiy.
Also we can se 6 Liquidity spots (Blue lines), where as 1 is under current market position (Will talk about that one soon). So market is obviously atracted to those prices so it can get some good liquidiy.
And so when there is some decent looking Fair value gap's and there even is liquidty to get at those levels it is almost inevidable in my eyes that prices doesn't go up there.
So even if the market would want to dip to a price of 2,550 perhaps because of the liquidity laying there it would firstly need to get all the liquidity laying above plus the fair value gaps that the market wants to fullfill.
And the order blocks (red circle's) shows prices were filled at that level previously and just adds to the reason of price wanting to go up.
(Daily chart)
I am not the best at frasing myself, so sorry if it is a bit messy.
Would love to hear feedback! Even just a thumbs down or up!
EUR/USD Downward Movement to Continue?The EUR/USD pair continues to show bearish potential on the daily timeframe.
While Friday's high could be taken as part of a retracement, the overall trend remains bearish.
There is a potential move toward the sell-side liquidity (SSL) below, aligning with unmitigated imbalance zones and market structure.
Watch for price reaction in and around the Daily FVG level and the Fibonacci retracement zones for a potential bearish setup on the lower timeframes.
Trade Safe ;)