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CrypticSultan
Jun 17, 2020 6:49 AM

$EURUSD - Long to short Idea Long

FX:EURUSD240
Euro Fx/U.S. DollarFXCM

Description

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For now we have a 4H close above previous low after stop hunts. This represents Liq grap, stop hunt example. I will be taking a small long here. Until the OB or GAP above. Since HTF bias is short so i will take short entries there but since we didn't close below previous low this indicates a strength as well; so i will wait for long to play out fully. After market reversal might take short and reclaim of current MS High will turn me to bullish scenario. so will act accordingly.
Trend Analysis
Comments
jimcorsa
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is this a bull flag on eur/usd?
jimcorsa
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hello, what does "MS" high mean? What is "OB liquidity" and what does liqudity void mean. Are you able to explain that more. thanks
CrypticSultan
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@jimcorsa,

MS (Market Structure) , So essentially swing high point and swing low point are the same as Market structure high and low.

Orderblock, is another term for Support or Supply zone(buying can occur at such levels) and

Liquidity= is the area where hasn't traded yet but when it does it will react quickly, liquidity area is comprises if stops and pending limit orders.
jimcorsa
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@CrypticSultan, ok thank you for that. What are you thinking now with the euro/usd, now that its made a lower low but did not reach your upper target?
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