EURUSD Here is my outlook at how I see EURUSD price action. overall price is bearish on 4HR with LH and LL. Daily is also bearish failing to make HH and HL after pushing out of a strong resistance level. On 4HR price has respected a previous supply zone and appears to be breaking to downside. I will be getting into a short at 1.08450 looking for TP at strong demand zone of 1.08200 area. Have a great weekend everyone. https://www.tradingview.com/x/IlpGbMck/Trade active
Price seems to be respecting sell side liquidity for bears. London and New York session will be confirming on Monday.Note
Price has been consolidating. And right now appears to be heading to the upside towards the Daily OB.Trade active
Price has broken out and appears to continue up to test the previous strong high 1.08600 Lvl. I still believe price is overall bearish and that this is a liquidity grab for sellers. I will continue to monitor the trade.Trade closed: target reached
Take Profits reached.
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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.