Euro / U.S. Dollar
Long
Updated

EURUSD potential Forecast for next week | 24th October 2022

1 268
Hi there guys!

I will be using Wyckoff + SMC + ICT Concepts for my analysis.

I'm looking for a potential buy entry on EURUSD on the H4 Chart for next week.

Looking for price to clear the high at 0.98757 before I start to look for a retracement buy entry at the fair value gap at the 0.98019 area.

My final take profit will be at 1.00863

Wyckoff Accumulation seems to be forming on the H4 chart with the LPS as the last part of the schematic.

If you want to know more about Wyckoff Schematic accumulation / distribution, feel free to check out my Wyckoff Education series.

Accumulation
-
Educational Series - Wyckoff Accumulation (Part 1)


Distribution
-
Educational Series - Wyckoff Distribution (Part 2)

Note
Take Profit Hit!

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