Today Monday August 8, 2022 EURUSD only gave us 63.9 pip$ of it's normal 88 PIP ADR.
Thus setting up for another run on BSL (Buy Side Liquidity aka Sell Stops aka #MONEY)
Price has another 25 Pip$ after it reaches the 63.9 Pip Macro PP that it established 11:20AM EST today.
Setting up a LONG during the Morning Zone all the way into a Brand new ADR profile Range of 101 PIP$.
The Fundamentals all point to a Bullish comeback because EURO is trying NOT to hit parity again this week.
Add that the DXy has broken south to rebalance the imbalances left from the previous week.
There is no heavy news until noon tomorrow on the Dollar and it's only an orange folder so we may get a dip in the DXY to support this analysis.
Remember that the High and low is usually set on Tuesday and Wednesday of the week. Another confluence that price is reaching for BSL.
If your trade doesn't have a complete narrrative you don't have a trade you have a BET. We don't Bet we leverage past price action in confluence with the DXY and the weekly and daily bias to determine when
and where to enter High probability trades with very Low Risk.
Never over leverage. This will always allow you grace to re access your trade, save your mindset, and your trading account.
Always trust your set up. Once your narrative is set give price a chance to develop into it.
Have fun!
I Am Pro Trading Made Simple.
We are #SniperGang
Thus setting up for another run on BSL (Buy Side Liquidity aka Sell Stops aka #MONEY)
Price has another 25 Pip$ after it reaches the 63.9 Pip Macro PP that it established 11:20AM EST today.
Setting up a LONG during the Morning Zone all the way into a Brand new ADR profile Range of 101 PIP$.
The Fundamentals all point to a Bullish comeback because EURO is trying NOT to hit parity again this week.
Add that the DXy has broken south to rebalance the imbalances left from the previous week.
There is no heavy news until noon tomorrow on the Dollar and it's only an orange folder so we may get a dip in the DXY to support this analysis.
Remember that the High and low is usually set on Tuesday and Wednesday of the week. Another confluence that price is reaching for BSL.
If your trade doesn't have a complete narrrative you don't have a trade you have a BET. We don't Bet we leverage past price action in confluence with the DXY and the weekly and daily bias to determine when
and where to enter High probability trades with very Low Risk.
Never over leverage. This will always allow you grace to re access your trade, save your mindset, and your trading account.
Always trust your set up. Once your narrative is set give price a chance to develop into it.
Have fun!
I Am Pro Trading Made Simple.
We are #SniperGang