small bounce trade. movement still depends on dxy imo
Will go long as it approaches that purple line at the bottom. No definite target/setup yet, will stalk carefully. Going to update here as always
Short Opportunity here, invalidation if we break the short term swing high to the left.
Short!! Liquidity below!!! them fomo longs should get rekt
Would be nice to load up longs if we get to that block to take out equal lows. Will update thread when setup on low time frame appears
Looking to short if it reaches the ~70 level. I'd be very careful as it might continue to the upside. gl
Just a view on what's happening on the weekly candle using ICT Concepts. Feel free to comment to those who are more familiar. It helps one anticipate the direction within the week and what kind of position ya gonna take.
Stops Cleared, Run into an old D1 Breaker, lots of void below. Might be a good opportunity here, avoiding usd pairs now.
Still lower highs, last 3 weekly up candles are small followed by a big explosive down candle last week. Expecting to for this weekly candle to continue red too.
Bounced off Weekly Demand Zone, possible short term objective at 0.71 equal highs.
Possible bounce incoming for eurusd. Sitting at a newly tested demand zone, stops cleared below January's low.
Possible bounce incoming, assuming dxy gaves way too. We are sitting at a D1 Demand zone thats tested just not, also cleared stops below January low. Targeting previous range low(red) and some at new/fresh supply zone.