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EnvisionEJ
Jul 27, 2021 4:30 AM

EU analysis coming into London open Long

Euro Fx/U.S. DollarFXCM

Description

Today we have a much clearer picture vs yesterday.

On the higher timeframes we have built a lot of liquidity ready to shoot to the upside. During the Asian session we have ranged nicely, and really have ranged since NY.

This is created even more liquidity for the upside. Under the current range we have the range which initiated the bullish move, this hasn't been truly tested.

With equal lows I am expecting price to push down into the discount of the 1hr buy range along with mitigating the range that initiated the move.

The red box indicates the region I will look to enter long from with appropriate LTF confirmation.

As always trade safe.

Envision EJ
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