EURUSD March 28 journal entry and summary of deliveryEURUSD March 28 journal entry
"After 6 days of sell off Price has a buy day. I suspect for Price to come to the 50 in Asia seeking sell side to reverse and take by stops. Be patient and wait for Price to show you its hand. "
March 30 review of delivery
WOW. Reviewing this note gives me so much confidence and now its time to trust your analysis. This is exactly what price delivered.
March 28 Delivery
Asia delivers a consolidation in a premium. Then lowers creating equal lows consolidating coming into London. 3 macro Price fake expands higher to take minor buy side before breaking for equal lows to a bullish order block? Consolidates coming into NY AM session. Price news driver manipulates prices energetic rally to take recent buy side and rebalance a FVG, however Price does not make a new high. Price does its choppy see saw to lower, retrace, small consolidation then 4pm rally to take minor session buy side and close on a previous NWOG. Discount to premium. Closed in a Premium.
*Note low was made on Wednesday and pivot point of the week was after that.
*Studying the cycle price is delivering to is key to where the next likely draw on liquidity will be.
*I suspected the event horizon would be a magnet and sure seems like it.