surieltobal

EUR/USD BUY FOR TODAY IN NY

Long
OANDA:EURUSD   Euro / U.S. Dollar
- After seeing how since the beginning of the week on Monday, yesterday the price continued with what had already started at the end of last week, bullish reaction, developments and continuations in the price.

- We can clearly observe a clear upward trend which continues to leave us with increasing minimums and maximums. It should be noted that both yesterday and today in London time we have seen much greater reactions than the reactions we have had in NY time.

- Observing how the price has respected all the Demand zones in recent days, which have given several buying opportunities, which we have unfortunately not been able to take advantage of. Therefore, while the trend remains clearly bullish, we hope that said sequence of respecting the Demand zones Demand that has been created will continue to do so until we see weakness or end of said Bullish trend.

- After seeing that the price reached the Demand zone greater than 1H we saw how it respected it and created a Bullish CbdE creating a confirmation zone in Temp of 15M which also once went to mitigate it, respect and caused a new CbdE Bullish, continued to leave us a 3rd confirmation zone in Temp of 5M which also respected and caused another CbdE Bullish.

- From there we see how yesterday after having the bullish reaction or development in the price, I eliminated a supply zone at the same time as creating the bullish CbdE, which said zone was further used as Ordec Block in a break, supporting itself as support for since there continue with its bullish continuation, managing to mitigate more distant objectives.

IMPORTANT:

- If we look closely we can also see that the last bullish CbdE in an intermediate time frame of 15M happened today at the London opening, which led the price to break or eliminate target levels that we had already mentioned previously, and is currently making Bearish setbacks .

- We have a clear Bullish trend line, which only has 2 mitigations, which we hope to see later a third time that said area is used as trend support to continue driving the price until eliminating yesterday's growing High as well as the week's growing High past.

- The price has already eliminated the intermediate zone of the Bullish impulse that London caused, so we are waiting for the price, at the same time to mitigate said trend line, also mitigate the last Demand Zone that the price left us. after causing the last Bullish CbdE.

EYE:

- We cannot see that the trend line carried by the price is eliminated too strongly, since that could cause a very aggressive discount, which the price could also eliminate the Demand zone, which would be bad for the purchase entry that We have for today.

- Currently the price is reaching the aforementioned trend line, we just have to wait to see if it reaches the demand area and not manipulate it since that can deceive us in case it takes liquidity from said area before to see reactions in an Bullish direction again.

- We hope that a movement will happen in the DXY if this scenario happens. The trade will be activated and will go to the Tp👍

- This movement is composed of a chart formation, specifically a bearish channel that we hope will once again mitigate the resistance of said formation in conjunction with the 200 period EMA, the price will begin to fall and break said formation downwards, fulfilling the objective of the Bearish formation, which would take the Eur/Usd in the direction we expect.

- On the other hand, if this scenario does not happen and the key of 106,065 is broken, the trade will touch Stop.

- We have a pending order in the EUR/USD Bullish which we are looking for the elimination of both yesterday's and last week's rising High.

📊EUR/USD purchase limit

🟢Entry: 1.06041
❌Stop: 1.05912
🟡Tp-1: 1.06264
🟣Tp-2: 1.06595
🔵Tp-3: 1.06940

- Even apart from the Tp mentioned above or placed in the Buy Limit, we continue to have higher key Bullish levels, such as those of 1.07060 and 1.07267 as well as the clear elimination of the Major Offer zone which we would consider eliminated if it is broken with strength and clarity the level of 1.07380
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