Euro / U.S. DollarShort
EUR/USD Intra Day Play.
EUR/USD did as expected and accumulated during the Asian session. 📈
We are now experiencing the manipulation phase as part of the London open, in line with the AMDX (Accumulation, Manipulation, Distribution, X) theory. As the quarters go, the new one will start at 12 PM, and I expect the distribution to continue. 🕛
There's a ton of options expiring today, which could add volatility to the market. With significant expiries at the 1.0800 level, it might act as a magnet for the price.
I am still anticipating a move to the downside as the DXY looks set to extend upwards from 105.083 to 105.401. This will likely impact EUR/USD and also XAU/USD to continue their downward trajectory. 📉
I'm looking at Sells for the EURO below the key level of 1.07963, aiming for an entry at 1.07884.
Let's see how the morning opens up and take it from there. Stay sharp and ready! ⚡️
Happy Trading! 💪
We are now experiencing the manipulation phase as part of the London open, in line with the AMDX (Accumulation, Manipulation, Distribution, X) theory. As the quarters go, the new one will start at 12 PM, and I expect the distribution to continue. 🕛
There's a ton of options expiring today, which could add volatility to the market. With significant expiries at the 1.0800 level, it might act as a magnet for the price.
I am still anticipating a move to the downside as the DXY looks set to extend upwards from 105.083 to 105.401. This will likely impact EUR/USD and also XAU/USD to continue their downward trajectory. 📉
I'm looking at Sells for the EURO below the key level of 1.07963, aiming for an entry at 1.07884.
Let's see how the morning opens up and take it from there. Stay sharp and ready! ⚡️
Happy Trading! 💪
I hope you’ve had a great day and that your screens were green. 🌟
Happy Trading, and see you next time! 💹✨
Happy Trading, and see you next time! 💹✨
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.
I hope you’ve had a great day and that your screens were green. 🌟
Happy Trading, and see you next time! 💹✨
Happy Trading, and see you next time! 💹✨
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.