hopiplaka1
Long

LONG EU after MMSP completes

FX:EURUSD   Euro Fx/U.S. Dollar
167 12 1
I'm going to buy the EU after the lower timeframe market maker sell program completes.

This is in line with the higher timeframe bullish scenario.
On the 1H there is a nice swing low formed with an order block which is not touched yet.
It's below the opening price @00EST and below the asian range high

Related Ideas

FX-Ninja
2 years ago
Hey hop, have you considered the Daily Bullish Order Block with a confluence of Sweet Spot on the Dollar Index?
snapshot
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hopiplaka1 PRO FX-Ninja
2 years ago
Yes, but I think it's only a short term support and we're heading for the 94.00 level
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FX-Ninja hopiplaka1
2 years ago
ah where the Weekly Bullish Order Block resides right?
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hopiplaka1 PRO FX-Ninja
2 years ago
Yes a daily ob inside the weekly order block. But longer term I want to see the clean lows around 78.88 to give away
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hopiplaka1 PRO FX-Ninja
2 years ago
On the 4H DXY I like the market maker sell program to be completed.

Have a look at the clean lows around 93.13 and the 1H bearish order block @ 93.13

If we move into the bearish 1H order block on DXY and at the same time we hit the 1H bullish order block on EU I'm in for a long
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1.1150 seems to be a nice level to watch. A nice institutional level and the 70.5 sweet spot
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whtangsam PRO hopiplaka1
2 years ago
one more question, how you determine a level to be institutional? Thanks!
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hopiplaka1 PRO whtangsam
2 years ago
The 00 and 50 levels and the 20 and 80 are watched by the institutions
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FX-Ninja whtangsam
2 years ago
Institutions are the round numbers like 00's 50's and smaller ones like 20's 80's
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whtangsam PRO
2 years ago
thanks for your graph, i like it. Can you explain more what is bear trap? Do you mean it's a place for stop loss hunt the bear? thanks
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hopiplaka1 PRO whtangsam
2 years ago
Yes, people think the level acts as a resistance and will place stops above it. They will be hunted
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The 62% ote holds and the MMSP did not complete, indicating strength.

You can enter at the 15MIN + OB which was just created around the 1.1170 level and in confluence with the reclaimed +OB of 00:50
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