Euro prices rose above our previous high this week and failed to displace further❌. This alone indicates that price was just targeting buyside liquidity 📊to fuel the Bearish market. As per sweep, price finally filled enough orders to give us bearish momentum with our thursday candle⬇️. Friday failed to close in on our displacement, therefore giving us a daily fvg and a fresh supply zone.
This is not an entry signal, but an analysis based on observations as per strategy and experience with the charts.
What do you think about this one?
This is not an entry signal, but an analysis based on observations as per strategy and experience with the charts.
What do you think about this one?
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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.