I'm bullish on EUR until 1.09095 is reached (high of the previous 2W candle). Currently intermediate timeframe (h8) is delivering bearish (closing below lows of up close candles). In this scenario, I look for entries when price trades into H8 fractal swing lows. If we see a bullish CISD on entry timeframe (M30) after sweeping an H8 low, I'll take a long....
Price strongly respecting premium bearish array on daily. Strong bearish displacement on H1. I'm looking for new short entry opportunities via respect of h1 bearish premium arrays, to then hunt m5 bearish displacement entries.
My trade plan for EURUSD 6EM2024 for this week. Leaning towards shorts, as long as H4/M15 PA confirms this high time frame narrative.
Today EU had a fairly strong daily close. Also, DXY rejected from some key daily levels. My Daily DOL is Monday's high. We also saw SMT divergence at the lows (EU failing to make lower lows while DXY made higher highs). I want to see the H1 discount bullish arrays respected, to then look for a bullish displacement entry trigger on M5/M15.
-Price failed to close below 50% of the Daily RDRB price range. -Price failed to close below Tuesdays low, as well as failing to close below several other previous daily lows. -Daily DOL is Wednesdays high. -I need to see H4/H1 discount arrays being respected to then look for bullish displacement entry triggers on M15/M5
Price has rejected multiple times on the daily chart from the 50% level of the bearish orderblock @ 1.08635 . Price also failed to displace and close above Mondays high. My Draw on Liquidity (DOL) is Tuesday's low, and am hunting a short setup. I want to see H1 candles closing with rejection wicks in the H1 bearish FVG areas ( 1.08565 to 1.08580) as well as 50%...
6EZ2023 - EURUSD - SHORT 6E / EURUSD just had a strong bearish reaction on the H4 timeframe to the area of sensitivity (weekly fair value gap FVG). On a pullback into a H4 premium, I will be hunting short triggers on M15 timeframe to then target the PWL (previous weekly low). This correlates nicely with DXY, which just had the same reaction to a weekly FVG....
Close below 6Hrs range. Swing short to next zone 1.1735. Stop above 1.1850. Dec Fut Prices
for sure gonna go long if price gets to: 1.05042, stop loss at 104811, buyers in control. major challenge above later on is 1.06700.