This is a mark-up I've had for quiet awhile but in the past few days and weeks, I honestly didn't think we would see this happen, but it may... The high-lighted blue area is a daily order block which is in confluence with 78.60% daily retracement. USD is bound to correct, and same with Euro. I believe the institutions are dragging out all market participants...
1.15300 was a level that had to be swept clean before a bull run. Earlier today, we tapped into the 61.80% fibonacci level near 1.15 whole number psychological level. We are now in the go-for bulls to take control in this scenario Liquidity resides: 1.15900 - 1.18. Trade wisely.
Chart work. Market needs to correct and reverse back to the 78.60% & nearest supply level. Overall bullish.
This morning we saw a bullish rally after sweeping 1.15300, 15m EurUsd - Bullish trend already initiated... NFP is tomorrow and we already have a structure to work with on the 15m time frame. The highlighted green box area is previous liquidity zone where retail shorts reside at, NFP will raid stops. This is clear to see. 1.15900 next, we will tap into 1.16 Friday.
Chart explains it... Anticipate and observe the following months. Major changes taking places.
I want to post more education charts because I want to traders to observe my analysis.. Possible note-taking? Have a good day.
Not giving away my strategies, nor do I care to help you. Learn the markets, retail knowledge will not make you money
Not even funny how many people got taken out of this market strictly because of this move... Also, I wouldn't be surprised how many 'retail' traders actually bought in to the up move. Hysterical how these markets work.
Chart analysis, institutional.
1.2978 1.30 1.350 1.3276
Chart explains it all, this is an intra-day analysis. My previous analysis is from the weekly bias.
Testing out PA Skills.
Chart says it all. Testing out PA skills.
I believe EURO is now ready to return back to it's weekly lows @ $1.13. Do your own analysis upon entry. My bias remains bearish.