Euro / U.S. DollarShort
EURUSD Short
Updated
OrderBook Data:
Indicator Data:
Prediction
- Huge Sell or TP Order near above the price
- Huge Sell Stop Order about 30 pips below the price
Indicator Data:
- DMX is way above 20 => Very high momentum
- DM+ and DM- is getting close to each other => No strong side of position
Prediction
- Price will rise up to hit Sell/TP order and then shoots down to hunt those Sell Stop Orders
Note
Update:Instead of price rising first, it kept its trend line bearish and went to hunt those Sell Stop orders.
Notes for Next Idea:
Consider the case of price following the trend
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