A closer look at the Euro chart reveals a favorable structure.
On a broader scale, the trajectory looks bullish - however, a noticeable accumulation of liquidity is occurring lower after the reversal of the global downward movement. In addition, there was an unfilled zone for the month of FVG.
At the local level, after the breakdown, an imbalance zone - FVG - appeared, which increases the chances of a downward movement.
Moreover, after the FVG imbalance was filled, a strong reaction began and “OB” was formed, this gives us an understanding of the reaction and confirmation of the idea.
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moving in the right direction!
Trade active
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heading in the right direction
Trade active
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We are moving in the right direction
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When local liquidity is reached and withdrawn, you can put your transaction at breakeven or fix 5-10%