EURUSD LONG on Order Flow - Follow the smart money!

FX:EURUSD   Euro / U.S. Dollar
Strong Bullish Signal:
The pair showed a sharp growth supported by the large volume , so that we may assume that the smart money pushed the price up. It increases the possibility of the further surge. Moreover, an increased positive delta displays that buyers are prevailing at the moment.
Volume Zones:
We need to allocated an important level of resistance 1.1415. The price is currently trading near this mark.
This indicator shows that 83% retails traders are in short positions, which is a good additional signal for us (trading against the "crowd").
Consider Long Positions:
Given all these factors, we may regard a scenario of the breakout of the resistance, which will be a great bullish signal. The growth must be sharp and supported by the large volume , which will be a more reliable signal for entering the market. A stop loss may be placed below the breakout volume bar.
Profit Potential:
More than 100 pips.

To learn more about order flow based volume trading, sentiment analysis and trading against the retail crowd see the educational article below -
The Professional Traders choice:


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