EURUSD is almost ready to turn bullish again.
Updated
On the the higher timeframes (W and D) EU is already bullish.
For past few days price was bearish on lower timeframes as it was retracing to grab the sell side liquidity to fuel the move to the up side.
Right now price is inside of daily discount and just above the daily imbalance ,today is news as well.
So, if the market reacted to the imbalance and gave signs of possible continuation, we can look for long entries.
Other wise we can expect a deeper push into the daily order block
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For past few days price was bearish on lower timeframes as it was retracing to grab the sell side liquidity to fuel the move to the up side.
Right now price is inside of daily discount and just above the daily imbalance ,today is news as well.
So, if the market reacted to the imbalance and gave signs of possible continuation, we can look for long entries.
Other wise we can expect a deeper push into the daily order block
Hey traders!
I'm back after a break, ready to share fresh analyses. Follow for updates, and if you find my content valuable, show some love with a thumbs up!
Happy trading.
Note
First phase has been completed. Market took out liquidity and now we can look for a brake of structure to the up side next week. if market continue to drop it may stay bearish until the next POI.Before :
After :
Note
here it go guys.
Market has taken the liquidity and broke structure to the up side and now the h4 has aligned with Daily so now we can expect a pullback and look for the buy opportunities.
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