As you can see the price left the clean equal lows that can be defined as a target.
Well, the price grabbed the liquidity above the previous day's high and changed the market structure, so in that case we can expect a more bearish move to sell-side liquidity.
Please pay attention: We need LTF confirmation to execute the sell position.
💡Wait for the...
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This analysis is a continuation of yesterday's analysis.
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EUR/USD remains in a downtrend off peaks from earlier this month. Losses are being maintained by falling resistance & continued dollar strength.
DAILY PIVOT INDICATOR HOLDING THE TREND SHORT
