EURUSD INTRA DAY SHORT (WAITING FOR CONFIRMATION)

We are expecting reaction at the marked area below in M1 chart. This analysis is just a rough idea of what we see in EURUSD at the time of analysis. If market decides to change movement, our view will reverse too. We will post the actual idea with Entry SL and TP soon.

Furthermore, since its monday, institutions may be setting liquidity traps and hence why we normally start trading tuesday. But if we fancy a good entry, we will enter.

Note that the above analysis is just an anticipation and we always wait for more confirmation on LTF before execution.

For more refined view of this analysis. check below:

Please check the discription to view our 1 minute time frame analsis as we trade intra day high risk reward setups using 1 minute EURUSD chart.

Tradingview does not allow us to post lower than 15 minute time frame entries


Outlook on M1 Chart:

Comment:

Price reacted exactly where we anticipated

Trade closed: target reached