EURUSD SHORT POTENTIAL Q2 W15 Y25 MON 7TH APRIL 2025
An almost picture perfect setup. Let's take a look into why and what we forecast.
Take a look at the weekly chart. We have had a previous bearish close from the weekly order block. That's a tick in our book. The even better news is that weekly wick of rejection has also mitigated the daily order block up at the highs!
Another serious level of confluence that will in turn support out short forecast. Now what can we expect to happen next for price action. We shall not guess, we will wait to see how the market plays but I'll inform you of what FRGNT X would love to see.
-Price action fill the previous weekly closed wick area.
- In doing so, can we reach the 15' Order block that was left behind.
- Can we grab a lower time from break of structure from that point of interest.
- Once the above occurs. We short the market doing to clear points of interest.
The plan for EURUSD is very very simple this Monday morning. Let's see how it plays out.
FRGNT X
An almost picture perfect setup. Let's take a look into why and what we forecast.
Take a look at the weekly chart. We have had a previous bearish close from the weekly order block. That's a tick in our book. The even better news is that weekly wick of rejection has also mitigated the daily order block up at the highs!
Another serious level of confluence that will in turn support out short forecast. Now what can we expect to happen next for price action. We shall not guess, we will wait to see how the market plays but I'll inform you of what FRGNT X would love to see.
-Price action fill the previous weekly closed wick area.
- In doing so, can we reach the 15' Order block that was left behind.
- Can we grab a lower time from break of structure from that point of interest.
- Once the above occurs. We short the market doing to clear points of interest.
The plan for EURUSD is very very simple this Monday morning. Let's see how it plays out.
FRGNT X
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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.
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.