EURO is fundamentally bearish while the DXY is fundamentally bullish. This simple confluence in these two assets are very powerful. Add on the fact that Trump is believed to be good for the dollar’s strength we want to go short going into the New York Session. Technically EURO has taken liquidity around the 1.03400 BIG FIGURE: and is turning around to raid the low of a monthly FvG. We are expecting news to drive EURO lower as well. The algorithm has taken out all baby FvG’s on the lower time frames. Therefore a sell is definitely valid and a gateway trade on this Friday Trap Day!
As always trust your set up- never over-leverage, and have a great day!
The sell set up is based on an equilibrium 1hr FVG. The Alamo tapped into it and began to sell off.
7-10am is always the kill zone for currencies.
#SniperGang
As always trust your set up- never over-leverage, and have a great day!
The sell set up is based on an equilibrium 1hr FVG. The Alamo tapped into it and began to sell off.
7-10am is always the kill zone for currencies.
#SniperGang
Trade active
Correction-The algorithm tapped into it and began to sell off-
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.