EU had a strong push up that we caught last night and ended up smashing tp and rejecting nice off of a 4hr POI that I personally missed but I am very bearish on EU and see it coming down to sweep the liquidity it has accumulated for the past few months, pretty much since end of November but we see we do have an imbalance that could get filled before the real move down so i am anticipating it to fill it and get a entry on the 5 min but we will see soon what will happen, Personally i like the trade because it has the potential to have a amazing 12:1 R;R. So being patient we will see what we get, not forcing anything
Note
Markets barley just wicked out SL and i should have listened to my conscious i had a feeling it would wick that high on the 5min but its cool it was only 8 pips we will move on to the next
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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.