PanzyPips

Short Term LONG

Long
PanzyPips Updated   
FX:EURUSD   Euro / U.S. Dollar
EURUSD ... Price is Bullish in the short term. On the 1 hour and 4 hour time frames, we have clear Bullish setups.

We see price in a Bullish swing. Price is epected to drop into our zone, from where we would expect a reversal, with a target of the 1 hour / 4 hour liquidity target.. Waiting for price to come into our zone to begin trading.

Trade closed: target reached:


The market moved according to our prediction, and went all the way to hit our liquidity target at 1.06168.
The market proceeded to tap into our Daily Bearish Zone and from there it is begining to reverse bearish.
Comment:
On the Daily, it is clear that the market has come to our zone.
A Bearish reversal is expected at this level to see prices drive all the way down to the liquidity target at 1.04482


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