EURUSD LOOKING TO BUY TODAY
Updated
Good afternoon traders,
Yesterday we had a bad day as one of our trades got stopped out and second trade got taken out at breakeven. Overall this week, we are still in profits as we caught 1:5 risk reward setup on monday giving us 5% return on that trade
ENTRY: Today during new york session we seek to buy EURUSD at around 1.06952 - 1.06854b approximately. This would be our optimal trade entry to buy EURUSD today. If more opportunity occur before new york session opens, we may enter earlier. Notice how EURUSD swept asian range liquidity and made a thrust upside.
What see EURUSD as long term bearish trend however it seems that yesterday it tapped 1 hour Order Block and made a bullish momentum shift and as we can also see Volume is in favour of bulls. We now expect EURUSD to run throught the Equal Highs (EQH) liquidity at first. This would be our first target.
We will share any updates below.
Yesterday we had a bad day as one of our trades got stopped out and second trade got taken out at breakeven. Overall this week, we are still in profits as we caught 1:5 risk reward setup on monday giving us 5% return on that trade
ENTRY: Today during new york session we seek to buy EURUSD at around 1.06952 - 1.06854b approximately. This would be our optimal trade entry to buy EURUSD today. If more opportunity occur before new york session opens, we may enter earlier. Notice how EURUSD swept asian range liquidity and made a thrust upside.
What see EURUSD as long term bearish trend however it seems that yesterday it tapped 1 hour Order Block and made a bullish momentum shift and as we can also see Volume is in favour of bulls. We now expect EURUSD to run throught the Equal Highs (EQH) liquidity at first. This would be our first target.
We will share any updates below.
Note
Potential EURUSD selling. Currently runningNote
0.50% risked on this trade hit breakeven. Price likely to go through EQH liquidity
▶ FREE Telegram Channel - t.me/algotradinggroup
▶ Website - algotradinggroup.net
▶ FTMO Pass Results - t.me/FTMOResults
▶ Weekly Signals Reports - t.me/weeklypips
▶ Weekly Profits - t.me/ATGProfits
▶ Website - algotradinggroup.net
▶ FTMO Pass Results - t.me/FTMOResults
▶ Weekly Signals Reports - t.me/weeklypips
▶ Weekly Profits - t.me/ATGProfits
Related publications
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.