PriceActionAnalyses

1.09111 High Of The Day?

Short
FX:EURUSD   Euro / U.S. Dollar
using the PO3 ict concept. IPDA took out Asian Range High and broke bullish structure leaving a fvg on the 15min. I am going to utilize that fvg as a premium array for shorts targeting subsequent lows for sellside liquidity. Note we have NY Midnight open price just a little above subsequent encroachment, let's see if price will tag that and trade lower
Comment:
If that 15min SwingLow is broken Sell as the market starts to retrace higher and put stop loss above the high. It is going for the lows
Comment:
1.07119 is my target for shorts
Comment:
Entry Price Levels
1.08684 - 0.2% risk
1.08746 - 0.3% risk
1.08746 - 0.5% risk

Stop Loss Price Level
1.08917

Total Risk % Exposure
1%

Target - 2.4% approx
1.08350
Comment:
Stop Loss Hit - 1%
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.