What's happening, everybody? Hope you all had an amazing weekend and are ready for another trading week!
We're starting this week with EUR/USD. Last week, we were bullish and saw a clean run of the highs we had set as our targets. Now, we're following up with another bullish week, with our bias indicating more upside ahead.
We have two major targets currently in place, one of which is a daily high. We're looking for this level to be met to continue the overall bullish momentum we discussed last week.
When it comes to entries, we're focused on higher points of liquidity. These liquidity points are currently sitting below price as we look to push into the highs. Of course, we always aim to buy from lows and ride into the highs, but if price continues expanding and meets our targets, we will adjust accordingly—waiting for new lows to be established before reassessing our entries.
A clear understanding of the daily bias, provided by the V-1 indicator, is key. Remember, the market moves as it wants, and if we're fortunate enough to be given an opportunity to engage, we will capitalize on it.
Stick to your plan, follow your risk management, and let Orion guide the way.
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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.