As usual after a quick jog in the morning i jumped on the charts and some pairs got my attention , one of them being $FX:EURUSD.
The analysis is simple , we have the yesterdays high as a double top liquidity which most probably will be taken during London Session.
Currently the price is in OTR in a possible flip zone , performed 2 dojis on H1. After the Buy-Side-Liquidity is taken , i don't see the price having enough momentum to continue bullish , taking in consideration a bearish continuation for now.
The analysis is simple , we have the yesterdays high as a double top liquidity which most probably will be taken during London Session.
Currently the price is in OTR in a possible flip zone , performed 2 dojis on H1. After the Buy-Side-Liquidity is taken , i don't see the price having enough momentum to continue bullish , taking in consideration a bearish continuation for now.
Comment:
Might take a scalp on this , waiting for confirmations.
Comment:
Asia high might also act as liquidity to pull the price up.
Trade active:
Personally entered a trade at 1.099 after H1 candle closed above the dojis.