Potential Retracement On the EUR/USD
So then, this is my first post, so I don't expect a whole lot of clout. I just know that I'm practicing some smart money concepts, which I believe can be applied to any graph.
This is a 1 Hour analysis of what I thought the EUR/USD would be likely to do today. Being mindful of the overall bearish bias, I noticed some inefficiencies on the buyside. The market wasn't balanced, and it was trading in a premium. I was looking for it to trade to these imbalances and offer those prices.
I don't use indicators, with the exception of the Fibonacci retracement. This is just personally how I like to view the charts.
This is a 1 Hour analysis of what I thought the EUR/USD would be likely to do today. Being mindful of the overall bearish bias, I noticed some inefficiencies on the buyside. The market wasn't balanced, and it was trading in a premium. I was looking for it to trade to these imbalances and offer those prices.
I don't use indicators, with the exception of the Fibonacci retracement. This is just personally how I like to view the charts.
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