Looking for a deep retracement on EU, aiming the bullish continuation, making eventually a new higher high.
Potential for a amazing R:R.
Using 1h Open as entry. 1h open confluence with last point of supply, bringing even more attention for this area.
Expecting the continuation of bullish momentum in GU.
Looking for a 88.6% Retracement, Inside that Imbalance marked by Dashed line.
Not setting a limit because area of interest do not show a lot of liquidity still sitting there... so i'll wait for a reacumulation and break of structe in the 5 or 1 minute.
After a bearish NY session, EU consolidated throughout the entire asian session, therefore creating a lot of liquidity. Right below liquidity we have the major 1.18000 level in confluence with an imbalance, institutional candle and last point of supply.
I would be taking this trade if It approaches this area between today's London/NY and tomorrows...
DXY showing signs of bullishness after reaction from daily Institutional candle.
That means short on xxx/USD
-GU broke structure
- Institutional candle cleared liquidity
- IC created Imbalance
- Clear target ( a lot of liquidity sitting lower)
EU just broke structure to the down side
Dxy is in a bullish run after reacting from a Daily Level
Price cleared liquidity before moving lower
Institutional candle was followed by an engulfing bearish candle that created an Imbalance
WHERE IS THE MONEY???
#QCBRASIL #QUANTUMCREATIONS #TRADEHOUSE
