EURUSD Outlook 4/2
Updated
EURUSD isn't super clear, we are clearly still bullish but it could retrace further before turning. Or the new higher low could already be in. We shall see.
Note
Market chose to mitigate the order block we were targeting for a long entry at Market Open on Sunday without a chance to get involved. Will be watching price action for more liquidity to be engineered and a possible entry off that.
however price could in theory shoot up without an opportunity to get in at these prices.
Either way the analysis so far is valid. until that low is swept.
Note
Trade Idea
Note
Original idea stoplossed. Price continues to lower POI.Note
Trade Idea Note
Take profit levels Note
Price approaches entry
Note
Price yet to reach entry, may turn without us.
Trade active
Trade active
Trade closed: stop reached
Wow EU chose to clear out all sell side liquidity with no pullbacks today. Should have been an observation day would've saved some money. Still bullish bias till im bearish.
Note
EU chose to take sell side liquidity. Was originally anticipating the opposite.
Either way if EU wishes to maintain bullish strucuture on the 4hr we should get some green today.
Small time frame entry criteria must be fulfilled before placing trade.
Let the algo show you its hand.
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