Get started
akhena10fx

EURUSD Week of 2/21 Outlook

Euro / U.S. Dollar (FX:EURUSD)  
akhena10fx Updated   
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis EU EURUSD Forex fx signals
3
0
trendanalysis eu eurusd forex fx signals
Bearish action this week was slow and weak. However my longer term sentiment is still bearish, Im expecting the market to clear out all the buy side liquidity from this slow decline back up into premium prices before bearish price exploration.
Comment:
Market may provide sell opportunity as price retraces to POI.

Structure fulfilled
Liquidity fulfilled
POI fulfilled
Protocol fulfilled


Risks: this is a lower time frame trade, therefore the HTF narrative may invalidate it.

snapshot
Trade closed: stop reached:
Idea was right however stop was placed too small and should've been placed at the top of the second POI (Not drawn)
snapshot
Comment:
snapshot
snapshot

Looking to get short on EU at this level.

Structure confirmed
POI Confirmed
Liquidity confirmed
Entry protocol confirmed (but not pretty)
Comment:
Trade never filled. 1 pip short. Price completes to final take profit and beyond. Analysis spot on.

snapshot
Let the algo show you its hand.
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.