EURUSD has a pretty much identical setup to our GU trade idea given earlier, now we have the same cons for this markup so high volume POI c-swing potential setup if we shift lower for BOS of the 5min range, bank zones and liquidity.
For now we are still waiting on our order flow change to confirm our SWH on this range BUT we are prepared when we do put it in!
**KEY NOTE** Jackson hole meetings this week that always shake up the markets so please keep an eye on that event!
Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
@IrfxnR hey, the C-swing setup (short) never became Valid, we left a note just above our POI and mentioned it in our write up, we needed to see a BOS first before we take the short 🙏