Elijahenoch7

EURUSD - This is Where I Will Be Buying Euro During The Week

Long
Elijahenoch7 Updated   
OANDA:EURUSD   Euro / U.S. Dollar
EURUSD

Euro is currently at premium level on the monthly and weekly range, hence the current retracement on daily and lower time frames.

However, i still that Euro is still bullish as long as we didn't break below the major swing low on daily.

Buying Zones: I expect Euro to retrace deeper on daily time frame to fill the imbalance below at the discount price levels and reverse from there to continue the overall bullish structure on weekly.

But if we break below the major swings on Daily, Euro might enter a period of selling for couples of week.

Entry: Once price enter the discount price levels FVG on daily, i will be buying Euro on 1hour time frame bullish market structure shift pull back.
Comment:
Waiting for Price to give me a good lower time bullish structure and confirmation for entry.

This might happen between 26-27th, this week.
Trade active:
Exactly as predicted in the last update, today, which is 27th, price gave me a good bullish entry opportunity.

Now am in this trade for a ride.

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