EURUSD has just Liquidated previous lows. Usually when this happens, we should see a test of this area before moving lower. Right now, EURUSD is testing a LTF Bullish OB which should make EURUSD go up to our Short entry.
I see price reaching the SSL and to fill the Daily FVG Imbalance below. I dont see price reaching up any higher than the highest high it took out (marked with "x") before dropping.
I see price reaching the SSL and to fill the Daily FVG Imbalance below. I dont see price reaching up any higher than the highest high it took out (marked with "x") before dropping.
Trade active:
I took an entry on the 5 min timeframe from where I expected a reaction. Running 1.5R in profit, however I'm risk free before FOMC, partials taken
Comment:
Just took a re-entry.
Comment:
TP 1 HIT!
(at SSL)
(at SSL)
Trade closed: target reached:
TP 2 HIT!
CE (Consequent Encounge) of Imbalance hit. FULL TP. If you took a trade from this analysis, congrats
CE (Consequent Encounge) of Imbalance hit. FULL TP. If you took a trade from this analysis, congrats
Its possible that EU continues to the upside as FOMC ruined the setup...