Good day once again traders
EurUsd is looking very clear and clean if you ask me, now here what we see is that price is now trading inside a bullish order block after price broke the overall structure bearish but from experience I believe we all know that price does not deliver price one side so meaning price has to go fill imbalances left behind in the leg that broke structure lower, and boom there is a FVG(SIBI) marked with the two horizontal lines with the '4h' on top. Now the narrative for this set up is that price has to go fill that SIBI and since we have beautiful equal highs just above that SIBI mentioned price should also take them out because as ICT says there is liquidity resting above those highs at 1.09173 than maybe we can start thinking of looking lower.
On the lower timeframes we first want price to trade above today's high of the day to confirm our trade bias
EurUsd is looking very clear and clean if you ask me, now here what we see is that price is now trading inside a bullish order block after price broke the overall structure bearish but from experience I believe we all know that price does not deliver price one side so meaning price has to go fill imbalances left behind in the leg that broke structure lower, and boom there is a FVG(SIBI) marked with the two horizontal lines with the '4h' on top. Now the narrative for this set up is that price has to go fill that SIBI and since we have beautiful equal highs just above that SIBI mentioned price should also take them out because as ICT says there is liquidity resting above those highs at 1.09173 than maybe we can start thinking of looking lower.
On the lower timeframes we first want price to trade above today's high of the day to confirm our trade bias
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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.