After a long consolidation, bear break out pushed down price action taking all liquidities and set on low 1.0200 level.
Bulls take action amid US tariffs setting price higher and higher up to level 1.200
EURUSD bullish momentum, I would like to see a big retracement on daily FVG supported by monthly balance price range . If the price respected this imbalances more chances to go bullish.
Waiting till news!
Bullish candle breakthroughs the resistance supporting with a body displacement, I can anticipate that the price make turn and go bullish, as buyers making their move supporting pound and sellers dumping yen,
Confirmation after seeking Internal liquidity (PD ARRAYS) for reversal after hitting external liquidity or buy side liquidity
On daily time frame, Sellers still holding on as the price didn’t breakthrough with a body candle stick leaving a price balance range on lower time frame which indicates a strong reversal going bearish, if the BPR gets respected it will continue to go down.
Buyers still holding until it breaks resistance level,
Yesterday, the gap ` respected 50% encroachment as continuous to go bullish and created price balance range which indicates to go more bullish.
Waiting for confirmation until the BPR gets respected and retested
Price fails to make swing low after sweeping all liquidities, price consolidates last week, buyers now are gaining momentum ? Possible if a body of a candle breaks Resistance
