sayrylparra

EURUSD 2H Chart January Overview

Short
FX:EURUSD   Euro / U.S. Dollar
EURUSD overall idea is bullish currently distributing on 2H meaning we will see lower prices in coming weeks, along with a shift in market structure.

  • Currently forming UTAD on 2H/4H Chart so short term bullish impulse into bearish rally/dump for this week and next week to transition into the Test to finalise our schematic
  • Looking for price to react a 1.1043 for a reaction and the formation off the UTAD
  • Looking for price to range within 1.1039 and 1.1080 for the formation of the Test and a short on the lower timeframes (3M , 15M )

Not Financial Advice.
Follow for more ideas :)

Phi Traders . Founder - Sayry Llumigusin Parra

Tags(ignore): Wyckoff, Fibonacci , Harmonics , Bat Pattern , Volume , SMC , Smart Money Concepts, ICT , Inner Circler Trader , Supply and Demand

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.