Hello Traders,
Today on EUR/USD, we observed a sweep of the sell-side liquidity (SSL), where price failed to close below and instead left a strong wick—indicating a potential institutional move. A fresh demand zone has now formed, suggesting that price is likely to target the nearest high before initiating a deeper move to the downside. With lower time frame (LTF) confirmation, this setup presents a high-probability trading opportunity.
Today on EUR/USD, we observed a sweep of the sell-side liquidity (SSL), where price failed to close below and instead left a strong wick—indicating a potential institutional move. A fresh demand zone has now formed, suggesting that price is likely to target the nearest high before initiating a deeper move to the downside. With lower time frame (LTF) confirmation, this setup presents a high-probability trading opportunity.
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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.