AlgoTradingGroup

EURUSD 2 SHORT TRADES' SCENARIOS

Short
FX:EURUSD   Euro / U.S. Dollar
Currently looking at the above 2 scenarios for EURUSD. The higher limit looks very promising however we must wait for more confirmation. Liquidity is already generated for banks to now wipe off and react off these areas. You can see the liquidity generated below in the M1 chart.

Note that the above analysis is just an anticipation and we always wait for more confirmation on LTF before execution.

For more refined view of this analysis. check below:

Please check the discription to view our 1 minute time frame analsis as we trade intra day high risk reward setups using 1 minute EURUSD chart.

Tradingview does not allow us to post lower than 15 minute time frame entries


Outlook on M1 Chart:

Order cancelled:
If you entered it would be a loss of -2%

However, we deleted the limits once london session ended and did not take this trade
Comment:
Although price did react at one of the areas marked in 1 min time frame. However, this trade was cancelled as london session ended



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