EURUSD Trading Journal
EURUSD Trading Journal
Nov 24
Price broke market structure this past week continuing the run to lower prices. Price wicked through the 50% level and Monthly BISI stopping at a order block from Nov 2022.
With the DXY and this pair hitting the 50% on weekly and both wicking into weekly imbalances it seems reasonable to expect for EUR to seek lower prices. My parent is bearish.
I suspect this week we could see price have high resistance price delivery with no much news and a huge range last week and next week is NFC.
We could see price come to 1.04720 for the high.
Price closed on Friday at the 50% for the session. I have to trust my bias and the parent bias going forward. I will be looking for shorts and I will trade what the chart gives me.
Nov 24
Price broke market structure this past week continuing the run to lower prices. Price wicked through the 50% level and Monthly BISI stopping at a order block from Nov 2022.
With the DXY and this pair hitting the 50% on weekly and both wicking into weekly imbalances it seems reasonable to expect for EUR to seek lower prices. My parent is bearish.
I suspect this week we could see price have high resistance price delivery with no much news and a huge range last week and next week is NFC.
We could see price come to 1.04720 for the high.
Price closed on Friday at the 50% for the session. I have to trust my bias and the parent bias going forward. I will be looking for shorts and I will trade what the chart gives me.
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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.