weekly fvg above and BSL above is the direction for the price tended to move to. let see how the price action is on mondy, expect it to retrace to the CE level of the daily FVG, then go up
-On the Daily chart, I annotated important levels where we could see reversals. -I’d be bullish towards the Weekly and possibly the Daily FVGs above. -Think about Po3. If bullish, trade lower, to then trade higher.
-Price traded into a Weekly Bearish Order Block last week. -My DOL is PMH, but I remain optimistic to see if price trades lower into the Bullish Weekly FVG before trading higher to PMH -PMH is the crucial level I’d want to see a reversal if the Bearish Weekly Order Block is to be respected.
Awaiting price to sweep into the liquidity grab so we can look to short this pair back down into 135 region a 1.5k pip move, with a possible RR of 1:45 Looking into a majority of swing positions for the end of the year lock off.
Picking up decent structured format, we're currently ranging within the imbalance region, awaiting for price to sweep into the low distributed liquidity to look for longs back into the pivot highs. Time to go up baby !!
There is a reason for this pair to go down to search for the fair value gap below, however, price action is pretty fluctuating, let see how the above side buy side liquidity is drawing. Watch this pair, the risk reward ratio can be high as 1:22
overall , it is a downtrend in weekly and daily, it is reaching to the PDH, filled the FVG, then the price tend to go down to the BSL. at least 50% of the zone
Based on the market analysis, Weekly and daily uptrend momentum has slowed down. There is a Change of charactre on 4 hour time frame reaching the Previous daily high. It is likely to grab one more liquidity on the buy side , the sell to the SSL. Let see how it goes next week with news news.
Long EURUSD, as we can see there is a rejection on EQ from previous day high and Low.
please see the chart , it tends to go down a bit more
Long Position 1. Buy Signal 2. Price action to above the moving average 3. Stop Loss below the swing low 4. Exit when the price action