Analysis Report:
Objective: Focusing on a long position for EURUSD.
Target Entry Levels:
Entry at 1.04085
Entry at 1.02091
Strategy:
Wait for sell-side liquidity to be exhausted before entering the long position.
Anticipate a possible reaction level at 1.04810 post entry.
Explanation:
Objective Clarification: The objective is to establish long positions in EURUSD at specified target entry levels.
Target Entry Levels:
1.04085: The first target entry level for the long position.
1.02091: The second target entry level for the long position.
Execution Strategy
Sell-side Liquidity: After SSL, closely monitor the market for the depletion of sell-side liquidity. This helps ensure a more favorable entry point and minimizes potential lose.
Reaction Level at 1.04810: After sellside liq., anticipate a possible reaction. This level could indicate a point of market reaction or a potential target for profit-taking.
Please note that current market conditions are bearish until the Dollar reaches at good liquidity level. So please have an appropriate risk management strategies before executing any trades.
Objective: Focusing on a long position for EURUSD.
Target Entry Levels:
Entry at 1.04085
Entry at 1.02091
Strategy:
Wait for sell-side liquidity to be exhausted before entering the long position.
Anticipate a possible reaction level at 1.04810 post entry.
Explanation:
Objective Clarification: The objective is to establish long positions in EURUSD at specified target entry levels.
Target Entry Levels:
1.04085: The first target entry level for the long position.
1.02091: The second target entry level for the long position.
Execution Strategy
Sell-side Liquidity: After SSL, closely monitor the market for the depletion of sell-side liquidity. This helps ensure a more favorable entry point and minimizes potential lose.
Reaction Level at 1.04810: After sellside liq., anticipate a possible reaction. This level could indicate a point of market reaction or a potential target for profit-taking.
Please note that current market conditions are bearish until the Dollar reaches at good liquidity level. So please have an appropriate risk management strategies before executing any trades.