EURUSD expecting retracement, the Long
Waiting for mitigation down into the breaker and the orderblock below current price to long up into EQH + imbalance.
Note
If you want a more accurate entry, we have our CE (Consequent Encounge) / Equilibrium / 50% of the Breaker. The 50% of the Breaker is ALSO the 50& of the OB.So we have double equilibrium in this area at 1.17169.
In addition to this, taking the Fibonacci from the low to the high of the Daily Impulse, we have the 0.618 lining up perfectly as well. This level should hold strongly. If it doesn't, it would make no sense lol.
Wishing ya good luck
Note
Beautiful Entry straight into the Orderblock just as expected !Note
this trade was unfortunately a loss. however, check how the the market wicked perfectly into the orderblock, and reacted perfectly.
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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.