EURUSD potential Forecast | Thursday 8th December 2022
Hi there guys,
I mainly use ICT Concepts for my trading.
Here's a trade idea for Thursday, 8th December 2022.
Idea
Looking for price to possibly tap into the 1.04841 area where the 61.8% Fibonacci line and FVG are located. Expecting price to possibly reverse from that area to clear the liquidity resting above.
Abbreviations
BSLQ : Buyside Liquidity
SSLQ : Sellside Liquidity
FVG : Fair Value Gap
MSS: Market Structure Shift
For entries, always use confirmations on the smaller timeframes! Stay safe trading!
Feel free to follow me, comment + boost this post if you guys enjoyed this!
Regards,
Chen Yongjin
I mainly use ICT Concepts for my trading.
Here's a trade idea for Thursday, 8th December 2022.
Idea
Looking for price to possibly tap into the 1.04841 area where the 61.8% Fibonacci line and FVG are located. Expecting price to possibly reverse from that area to clear the liquidity resting above.
Abbreviations
BSLQ : Buyside Liquidity
SSLQ : Sellside Liquidity
FVG : Fair Value Gap
MSS: Market Structure Shift
For entries, always use confirmations on the smaller timeframes! Stay safe trading!
Feel free to follow me, comment + boost this post if you guys enjoyed this!
Regards,
Chen Yongjin
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.
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.