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akhena10fx
Jun 13, 2022 2:01 AM

EURUSD Outlook 6/12 Long

Euro Fx/U.S. DollarFXCM

Description

EURUSD showed major weakness, current bias is that this week will be spent trapping more late sellers, before reversing to take some buy side liquidity. HTF remains bearish, but selling at discount prices is just not attractive to me. This is in line with DXY perspective. Intraday price action will be monitored for short term trade opportunities with a bias to the long side, but respecting supply levels that could continue bearish HTF trend.

Comment



Buy trade idea based on correlation with DXY

Trade active



Buy Limit Order Triggered

Trade closed: stop reached

Trade active

re-entered after being stopped out as DXY is still in play

Comment



Buying EU one last time

Comment



Trade idea

Trade active



Price reacting favorably to trade idea.
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