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ChartW1zard
Apr 19, 2023 4:46 PM

4 Hour outlook on EURUSD Short

Euro Fx/U.S. DollarFXCM

Description

- After the break of the previous High, price left behind a Fair Value Gap (FVG).
- This gap should be filled.
- The market is currently in a short corrective phase, now the question is, will the market hold this correction longer and drop off without filling the gap/ will price manipulate orders placed by retail traders on LTF and then buy the market to fill up the gap?
- All I know is that the GAP must be filled in order for the institutions to close of their buy orders they placed when the High got raided.
Comments
JoeChampion
I agree on USD strength, keep it up!
ChartW1zard
@JoeChampion thank you very much
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