Kram_Capital

EURUSD Idea for 01/09/2023

Long
OANDA:EURUSD   Euro / U.S. Dollar
So the lower time frames are being ragged around as the higher time frames deal with this crucial zone. I am away tomorrow on the water but we should get some nice movement with all the data coming out, how tradeable it is, is another discussion altogether.

I said in my top down analysis that we may need to rebalance the two recent bullish H4 legs before we break the old high that held us down on Wednesday and I think tomorrow, especially with NFP that we may tag that demand zone and make a start on next week's bullish move.

Tomorrow, possibly a bearish Asia and London and then a big push up during NY, maybe? Or it could just take the absolute mick and break through the low and tag that daily extreme demand. Nothing would surprise me, lately.

Lots of low hanging fruit coming, everything comes to he/she who waits. Keep those accounts safe and if I'm not around at all tomorrow, I'll catch you on Sunday night. Chances are I'll check the charts, though, you know how it is!

Vagrant market bully.
No course and no challenge passing, please don't ask. Luck is what happens when preparation meets opportunity.
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.