I think that EURUSD could form the HIGH of the Week in the next KZ. So I expect a bearish reversal to continue the Trend. We only need the Time because we have the price and the confluence with DXY but EURGBP partially filled a Daily FVG that could affect adversely the speed of this trade. In the Chart I marked 2 possible entries but you need to wait the LTF confirmation on KZ Time.
Remember to DYOD.
Remember to DYOD.
Comment:
I was checking the EURGBP and it could go up because is using a DFVG as support.
Comment:
In the First Entry ASIA KZ it gave us a safe 1:3 RR. So we are out now waiting for FF and LDN
Comment:
If you ask why is going lower from there, well we are in OB with FVG and SMT with DXY. That's why I put 2 entries, but be careful we have a DOG on DXY. Other thing is that we didn't see any volume.
Comment:
Waiting for the Protraction move to the 1 SD area. Lets wait patiently.
Comment:
DXY took the PWL and FVG W let see now how will react and take decisions in EURUSD on LTF. Waiting mode.
Order cancelled:
Knowing when not to trade is as important as knowing when to trade.
Most people just get chopped up and give their profits back because they are trading at the wrong times.
NFP week, end of the month.
Do Back Testing and work with your Psychology.
See you Tuesday
Most people just get chopped up and give their profits back because they are trading at the wrong times.
NFP week, end of the month.
Do Back Testing and work with your Psychology.
See you Tuesday
Comment:
I'm out for this week, but I only hope that you were able to enter from the Invalidation Line that was where the entry pattern was given. If you have doubt go to HTF and you will see a Liquidity Sweep and there wasn't break. Remember, if charts doesn't give you LTF confirmation please don't enter.
Comment:
Be careful DXY is on Daily FVG so USD Pair could go UP.
Comment:
First Daily Reach