slow start tot the week but some exceptional moves towards to end of the week. EURUSD on the 4 hour time frame has pulled back into discount prices of a daily leg, filling in some nice imbalances on the way. we are currently sat in a nice 4 hour order block.
Last weeks bearish run failed to break the previous weeks low. we could see a bullish reaction to liquidityn above
no real progress on the daily time frame over the last few weeks on EURUSD. But knowing true swing highs and internal swings could make a difference here.
EURUSD daily time frame. No real progress on structure and pricing from last week. pretty much stayed within the week priors range.
The bearish market for the EURO continues and we are now hitting order blocks from 2020, which we could see some reaction from (Depending we don't open with a huge gap bellow on Sunday) This weeks move hasn't really left any high probability areas on the higher time frames in my opinion. So I will be being mindful of that in next weeks trading
slow start to the week on EU and I thought my analysis from last week was going to be wrong. But obvious things happened in Europe and the markets reacted as they always do. not to sure where overall direction is heading now but a reaction at around 1.3300 could be expected. could see price test the swing high at 1.5000 also. with everything that's happened...
overall quite a choppy week on the lower time frames for EU But still some great opportunities. price has failed to break the high at 1.14830 which was the daily swing high. which indicates that bearish structure is sill in tact For me the next logical key area would be 1.11500 being an extreme OB and the current daily swing low.
Choppy and slow week at first with price being reluctant to come and fill the imbalance of the week before. eventually on Friday we got that after a sweep of the equal highs. price is now heading back down towards the EQ of that daily swing. with some nice LTF order blocks to trade from.
15M timeframe Looking for price to come back down to discount market and mitigate some pricing before taking out the daily swing high and equal highs
incredible bullish week last week taking us right back into discount pricing and leaving equal highs right at the daily swing high. This move has left some daily imbalance and some really nice lower timeframe areas to trade. it would be really nice for the equal highs to be left in place for the short term, and price come back to around 1.1300 to mitigate some...
Clean bearish break on eurusd this week. May not have been the easiest week to trade but its left some very nice price footprints behind. Break of the low leaving daily imbalance behind. There is an open of a daily order block at the fair value of the imbalance left behind. this sits at around 1.3000 and we could see short term pull backs to here. It does look...
15M current order flow is now Bullish. We had a discrete BoS at the bottom which is highlighted. We have also had two supply levels or OBs failing which would indicate bullish OF. and we are currently still sat in discounted market Note we are still sat in a DIALY OB I think there are some very nice zones to trade from both sides of the market. I...
Last week PA - price came back down the the 4 hour order blocks that caused a nice break of structure. But they failed to hold on any real level. just to the left of that there is also some trend line liquidity to target. we are still sitting in the daily OB so we could still see that bullish reaction yet. No true forecast on the 4 hour. Will just adapt and...
Last weeks PA as forecasted came back to the daily order block that caused an internal BoH But we are yet to see a impulse away from this The bearish impulse back towards the OB left some nice LTF zones. Stepping back and looking at the markets from a fresh view I am now seeing some trend line liquidity bellow this current OB. which could be something to be aware of.
15 minute Structure just broken - Bearish EOF -Bearish Structure and EOF changes very quickly once we are on 15M and lower. We have just hit the EQ of the current 4 hour leg, while sitting at a bullish order block. There is also a very clean 15M/4H/Daily OB sitting at around 1.13700 which falls nice and low into the discounted leg. So we can expect to see...
EURUSD 4 hour analysis Structure Liquidity Orderblocks keeping it simple and following the order flow.
Last weeks PA we finally saw price break out of the range we have been stuck in since November. This left a nice order block to look for opportunities in next week. I would like to see price test the 1.6000 area in the coming weeks as for me this is a key order block and key daily structural point. Keep it simple and trade what you see.
EURUSD bullish momentum on the 15M of NFP Friday? Will certainly be looking for confirmation entries.