Euro / U.S. Dollar

EURUSD - Buyers Exhaustion?

By ChartScientist

Updated

If the market is not clear, don't trade it... study it!

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Initial liquidity level has been mitigated.
Monitor price from here.
Consider moving positions to breakeven.

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Potential re-entry on shorts at this level.

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Second liquidity level mitigated.
Move sell positions to breakeven.

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Two additional liquidity levels have been mitigated.
Take partials off your positions.
Subjective advice: Moving SL to 1.094

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Final liquidity level has been mitigated.
FVG imbalance is still to be fulfilled (Take profit).

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Trade closed: target reached

2H FVG Target has been reached.
TP Hit.

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