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Tradius_Trades
Feb 27, 2024 10:29 PM

EURUSD Short Idea Short

Euro FX Futures (Mar 2024)CME GLOBEX

Description

Price has rejected multiple times on the daily chart from the 50% level of the bearish orderblock @ 1.08635 . Price also failed to displace and close above Mondays high.

My Draw on Liquidity (DOL) is Tuesday's low, and am hunting a short setup.

I want to see H1 candles closing with rejection wicks in the H1 bearish FVG areas ( 1.08565 to 1.08580) as well as 50% of the H1 bearish orderblock (1.08605).

H1 candle closing rejecting this area, and I'd look for entry on M5.

Let me know your thoughts on this trade idea, and what you are looking for on EUR.

Comment

Didn't give a pullback into any h1 bearish arrays.
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