ry-wolf

Weekly Chart Analysis

ry-wolf Updated   
FX:EURUSD   Euro / U.S. Dollar
Price traded up into a weekly OTE which was respected and causes a push to the downside.
Expecting lower weekly levels to be raided.
Another possibility is that price could trade down into the imbalance resting above liquidity.
Expect a pullback to the labelled area before sell side continuation.
Once price either raids the lower levels of liquidity or respects the Fair Value Gap then probable reversal to the upside.
At the end of the day, flip a coin (50/50)
Comment:
Expecting a pullback to the OTE area then continuation past the FVG and SSL.
'The trend is your friend'
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