Hello traders and my great followers, today lets talk about EURUSD....
EURUSD has been consolidating within the 1.127.. and 1.137.. range and now we expect a break out of this range to the downside. Liquidity that resides @ the high (1.13833) was grabbed @ the start of the week and now price would move toward the zones above as those are zones of next liquidity.
Our micro profit target on this is 100pips as NFP could probably cause a shift in market structure.
Make sure you follow for more updates and let me know your view in the comment session below
EURUSD has been consolidating within the 1.127.. and 1.137.. range and now we expect a break out of this range to the downside. Liquidity that resides @ the high (1.13833) was grabbed @ the start of the week and now price would move toward the zones above as those are zones of next liquidity.
Our micro profit target on this is 100pips as NFP could probably cause a shift in market structure.
Make sure you follow for more updates and let me know your view in the comment session below
Note
We didn't plan for the extended SH, bias still remain...just gotta find a better entry
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Related publications
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.