LONG EURUSD

LONG EURUSD

First idea published. Don't execute on this.

Friday-Monday AM
- correction from previous week impulse leg

Sunday NY PM Session 13:00 sharp
- correction reaching into HTF (H4) order block from previous week
- potential low of the week formed

Tuesday London Session
- impulse leg
- leaving previous day high and candyland intact
- liquidity at candy land = multiple rejections at that level + FVG
- liquidity at double top, additional liquidity just above candyland)

Trade Idea
- Tuesday NY 8:30 correcting in discount territory of london impulse leg
- Tuesday NY 9:30 reaching for new highs

Short-Term Trade Entry (until end of week)
BUY LIMIT 1.09470
GSL 1.09197
TP1 + BE 1.09979
TP2 1.10730
TP3 1.11831

Comment:

- Entry was great
- Price is not delivering as fast as expected
- Took an additional potential 4R scalp from there to candy land
- Could potentially have a reversal at candy lan, if it reaches it...
- Moved SL for scalp @ 1.09600
- Moved SL for short-term initial position to BE @ 1.09979

Trade closed manually:

- My scalp was profitable but got stopped early @ 1.09600
- Also stopping manually the short-term trade for now, as price did not deliver as expected