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ShrewdCatfx
Feb 3, 2022 5:30 PM

EURUSD ; Less than 24 Hours to NFP / 1.14550 > Range > Breakout Long

Euro Fx/U.S. DollarFXCM

Description

EURUSD is looking quite bullish
as EURO buyers showed up quite strong early in the week
and have maintained a stronghold on the order flow. This shift in Sentiment
from the prior week can feel quite drastic, on an intraday basis. But thats the nature of the
Lower Time Frames. The lower time frame gives more detail and more noise so you cant get one without the other.
However , create a bias for direction on the Higher time frame, and look for confirmation of your bias on the smaller timeframes.
This takes time, experience, resilience, reviewing your losses, dealing with life outside trading etc.
It is possible, not syaing it will happen, but we could come up to 1.153 tomorrow as NFP closes the week off, just based on momentum and fundamentals
sentiment, etc. cheers everyone
Comments
MOUSSAOUI_MOHAMED
good setup
jcgarciasigma
do you expect this pair to go to 1.10?
ShrewdCatfx
@jcgarciasigma, what timeframes are you referring to?
jcgarciasigma
@dorianfx, 4h and daily
ShrewdCatfx
@jcgarciasigma, to be honest, I dont know, but what I do know is that there is a good probability that we go to 115.3 in the short term, next few days
jcgarciasigma
@dorianfx, ok. thank you man.
Super_B_XinR
@dorianfx, great
ShrewdCatfx
@Super_B_XinR, looks good, strong candle close there bullish
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