EURUSD Long Idea
Updated
After a nice expansion to the downside last week we have seen a pause near 1.0950 which I this is the next stop prior to lower prices long term. For now we have seen a pause from Friday all the way to this week Tuesday.
Tuesday after CME open we see a minor expansion to the upside and a consolidation which lasted all the way to 3pm where we then saw an expansion which left an imbalance on the hourly chart. I am interested on a further expansion after midnight NY to the upside to take out buyside liquidity above Monday's high before another weekly expansion leg to the downside.
Tuesday after CME open we see a minor expansion to the upside and a consolidation which lasted all the way to 3pm where we then saw an expansion which left an imbalance on the hourly chart. I am interested on a further expansion after midnight NY to the upside to take out buyside liquidity above Monday's high before another weekly expansion leg to the downside.
Trade active
1:01 am NY time the position is activeTrade closed: stop reached
8:15 am NY time SL hit
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