Michielfourie89

EURUSD Day trade Execution

Long
FX:EURUSD   Euro / U.S. Dollar
Knowing the smart money trend, my bias was to execute a buy between the Weekly Central pivots and the Midpoint (M2) which is 50% of the central pivot point and Support. Price traded down below the M2 which indicates to me this week could possibly be an inside week. However, Day trades is key in the current market environment. On the H1 Chart got a nice bullish engulfing remove a 15 min Supply area, with a Fair Value Gap (FVG). That was my signal to place my order on the Order block. and aim to mitigate the Bearish FVG as a target.
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