The EURUSD currency is in a critical zone for Day Traders like me, so what is happening here?
The market has taken the PWH (Previous Week High) which means the market has Triggered the SLs Above, then plunged from there why? coz it has taken the liquidity above so as always we want to see a pullback of at least the 50% of the last week's candle which brings us to this chart's analysis.
The time frame of the market work on the thing which is (AMD) Accumulation, Manipulation, and Distribution, if have a look at yesterday's Price action the market then attacked PDL then reversed in the New york Killzone and what is the market doing today?
As soon as the market opened Today it immediately attacked PDH creating an SMT(Smart Money Tool) then plunged from there and even created an OB(Order Block) an FvG which ladies and Gentlemen give us a great probability of selling EURUSD.
in Conclusion the market is in :-
✔ Old 4H OB
✔ TOday's OB
✔ Waiting RTO
That is all from me today have a nice and profitable trading
The market has taken the PWH (Previous Week High) which means the market has Triggered the SLs Above, then plunged from there why? coz it has taken the liquidity above so as always we want to see a pullback of at least the 50% of the last week's candle which brings us to this chart's analysis.
The time frame of the market work on the thing which is (AMD) Accumulation, Manipulation, and Distribution, if have a look at yesterday's Price action the market then attacked PDL then reversed in the New york Killzone and what is the market doing today?
As soon as the market opened Today it immediately attacked PDH creating an SMT(Smart Money Tool) then plunged from there and even created an OB(Order Block) an FvG which ladies and Gentlemen give us a great probability of selling EURUSD.
in Conclusion the market is in :-
✔ Old 4H OB
✔ TOday's OB
✔ Waiting RTO
That is all from me today have a nice and profitable trading
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