EURUSD BULLISH BIAS
Here's my bias for EURUSD - bullish week
I am anticipating this week to be bullish. I'd like to
see price create the low of the week no later than Wednesday.
Monday possibly could have already been the low of the week
with its strong push above the short term high.
If Tuesday creates a double bottom near the bullish order
block close to Monday's low, I will be hunting for buy setups.
My targets will be the next bearish order block 1st, then the
equal highs. Liquidity is sitting above those highs and is a likely
possible area institutions would like to drive price up to to take
out any remaining sellers.
You can see the overall daily range I've marked up. Monday purged short term buy side liquidity today. You can see how price purged old highs/equal highs/ consolidation areas on the 15min chart. If price retraces back
up to my fib levels (.62,.705,.79) I will be hunting for sell
opportunities around the level & the daily bearish order block.
I am anticipating this week to be bullish. I'd like to
see price create the low of the week no later than Wednesday.
Monday possibly could have already been the low of the week
with its strong push above the short term high.
If Tuesday creates a double bottom near the bullish order
block close to Monday's low, I will be hunting for buy setups.
My targets will be the next bearish order block 1st, then the
equal highs. Liquidity is sitting above those highs and is a likely
possible area institutions would like to drive price up to to take
out any remaining sellers.
You can see the overall daily range I've marked up. Monday purged short term buy side liquidity today. You can see how price purged old highs/equal highs/ consolidation areas on the 15min chart. If price retraces back
up to my fib levels (.62,.705,.79) I will be hunting for sell
opportunities around the level & the daily bearish order block.
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