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DogeStonks
Nov 4, 2022 12:03 AM

EURUSD potential Forecast Freaky Friday | 4th November 2022 Short

Euro Fx/U.S. DollarFXCM

Description

Hi there guys,

I mainly use ICT + Smart Money Concepts for my trading.

Analysis
I still have an overall bearish bias for EURUSD. Through my observation, I like how the chart has a relatively nice order flow where price is retracing up and tapping into the Fair Value Gaps before heading back down.

Idea
Expecting price to possibly continue bearish to head towards the H1 Demand Zone at 0.97018 where there are Relative Equal Lows resting just right above it.

For entries, always use confirmations on the smaller timeframes! Stay safe trading!

Feel free to follow me, comment + boost this post if you guys enjoyed this!

Regards,
Chen Yongjin

Comment

Did not go as planned due to NFP data release.

Do check out my new idea here :
Comments
Cybernetics_tl
Very good analysis , ICT concept, thanks for sharing your thoughts! Curious to see your future updates !
CONFLUENCE494
Thank you for sharing your insights
JoeChampion
Agreed, could do!
DogeStonks
@JoeChampion appreciate it, but it did not go as planned
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