EURUSD / M6E Short Term Long Positions
EURUSD / M6E Short Term Long Positions
Daily Timeframe:
Ichimoku five lines are currently flat means the market is consolidating.
Price is still inside the the previous 3 weeks Volume Profile and Still inside the 3 months Volume profile.
Price may retest the 1.00 level as if price price break that level trade is long setups are invalid.
30mins Timeframe:
Price close inside the previous 3 Days Volume Profile, and now currently above the Previous POC.
Price was supported by the previous 3 Days Volume Profile VAL.
Expecting the price to move towards the previous 3 Days VAH which is at 1.0275 level.
Daily Timeframe:
Ichimoku five lines are currently flat means the market is consolidating.
Price is still inside the the previous 3 weeks Volume Profile and Still inside the 3 months Volume profile.
Price may retest the 1.00 level as if price price break that level trade is long setups are invalid.
30mins Timeframe:
Price close inside the previous 3 Days Volume Profile, and now currently above the Previous POC.
Price was supported by the previous 3 Days Volume Profile VAL.
Expecting the price to move towards the previous 3 Days VAH which is at 1.0275 level.
Comment:
Price hit the expected price at 1.0275 level, will now wait whether the price will break that level or it can be a good resistance level.