Well, first I must say the whole scenario is a low probability because NFP data will be released today, so stick to your money management system.
By examining the daily and hourly EURUSD chart we can figure out, that the price grabbed the buy side liquidity and created the bearish breaker with bearish FVG, also this breaker aligns with the 50% of daily candle shadow.
So we can expect the price to move higher to FVG and breaker then fall to sell-side liquidity.
💡Wait for the update!
🗓️05/04/2024
🔎 DYOR
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Note
As I expected the price dropped, but did not penetrate our entry zone.More than 56 Pips so far.
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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.