Here's my bias for EU. BULLISH
EURUSD is currently in a bullish order flow.
The ema's on the monthly, weekly, and daily are all in
sync for bullish order flow.
If you take a look at my previous chart ideas, I've had the same bias for a few weeks now.
I am anticipating the low of the week/ a new swing low
to form early MON,TUE or WED.
I am going to take in consideration of the shooting star daily candle from last week, BEARS potentially could take over.
The shooting star does not change my bias. I will be looking for a swing low to form in the week and not break below previous swing lows. If a swing low forms, it gives me more confluence for a bullish market.
I will be hunting for buy entries in London open, New York open,
and London close based off price action.
Most of my trades will be intraday and targeting previous day highs,
but I plan on having a swing position open for the week.
Happy trading and good luck!
EURUSD is currently in a bullish order flow.
The ema's on the monthly, weekly, and daily are all in
sync for bullish order flow.
If you take a look at my previous chart ideas, I've had the same bias for a few weeks now.
I am anticipating the low of the week/ a new swing low
to form early MON,TUE or WED.
I am going to take in consideration of the shooting star daily candle from last week, BEARS potentially could take over.
The shooting star does not change my bias. I will be looking for a swing low to form in the week and not break below previous swing lows. If a swing low forms, it gives me more confluence for a bullish market.
I will be hunting for buy entries in London open, New York open,
and London close based off price action.
Most of my trades will be intraday and targeting previous day highs,
but I plan on having a swing position open for the week.
Happy trading and good luck!
Comment:
EU moving beautifully. Looking to target just above yesterdays high for todays intraday trade.
