EURUSD remains bullish for now, however i am anticipating a reversal. It is at a bit of a crossroads with valid daily orderblocks on the bullish and bearish side. Whichever fails first determines the direction.
Areas of interest are annotated on the chart.
My bias at this point is bearish as that is the most recent OB.
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I like this area for shorts.
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short from OTE
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beautiful reaction. going break even.
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giving it room back to the high.
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gonna hold into tomorrow.
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No longer expecting a big push down as the daily FVG did not deliver bearish price action as exptected.
Conservative choice will be to close trade here at break even. However price may want to rebalance FVG before move up. will be holding position as a result with reduced TPs.
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changed my mind again. DXY looks poised for a rise. holding.
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moving well. Just need Powell to behave at 9:30
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Lol why is Powell speaking both today and tomorrow, cant he just tldr it?
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stoploss is at break even
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stoploss moved to profit
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TP1 hit
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TP2 hit, trade collapsed.
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short on EU from the 4H OB, I dont think it trades back above the weekly. Looking for it to trade at least to consequent encroachment of the weekly FVG, taking out the pre-news low.
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could have been more patient with entry, watching how price reacts to weekly open price.
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can't stop a freight train. Not mad at the idea, but there was not LTF confirmation.
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