EUR/USD 1.09390 - 0.02% LONG IDEA HTF WEEKLY BIAS🐮GOOD DAY TRADERS
HOPE EVERYONE IS WELL
A look at the EUR/USD ahead of the week
DXY ( - CORRELATION)
* Should the DXY CONTINUE its bearish trend we looking for the EUR/USD to continue bullishly.
*Bias for the DXY IS STRONGLY BEARISH hence EUR/USD WE'RE STRONGLY BULLISH Sentiment wise.
EUR/USD DAILY
* We see a Big indecision candle close on friday.
* Beautifuly Rejected of the -FVG
* Looking for some push towards the downside to take internal range LQ
*PERFECT OTE for longs in continuation with the trend.
1H TIME-FRAME
* Today looking to clear some BUYSIDE.
* Ffor some bearish moves into HTF internal LQ.
HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOURS BELOW
lets see how it goes.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
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ALWAYS APPRECIATED
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* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!
Dxycorrelation
EurUsd/Fiber Short Term To Intermediate Term OutlookOANDA:EURUSD
Now Having The Target Reached, From Our Previous Idea Of EURUSD .
We Look Foward With New Data, That Printed When Our Previous Target Was Filled.
We Anticipating, For EURUSD To Start Its Bullish Move To Fill The "W1 FVG SIBI" , Noted On Our Previous Idea and On This One Too, Price Range At, "1.19200 - 1.19800" .
The Moves Beginning Will Be Indicated By A Bullish Break In Structure On A W1 TimeFrame, W1 Short Term High Violation, Taking Longs At This Moment Would Be Considered An Early Entry.
Personally I would like to see EurUsd , First take the current D1 swing Low to fill price at, "1.12200" , and then the break in structure as aforementioned,
But If W1 Short Term High Breaks First, We Follow Price As That Will Invalidate The Possible Raid Of The D1 Swing Low At "1.12200"
So In Summary, We Would Relatively Like To See A Swing Started At "1.12200-1.12500", Printing Price Up To The First Target Of "1.1620", Then A Balancing Retracement Down, Then Ride Up To Fill Final Targets at "1.19200-1.19800" At The W1 FVG.
PS: The Points Of Entry On Retracements Will Be Updated As Price Prints More Data For Us To Work With!
Good Luck & Good Trading!
DXY BEARISH CONTINUATIONDXY Analysis
Currently in a bullish countertrend in lower timeframe. Taking advantage of DXY correlation with the Major pairs.
Mitigated off 1 Hour inst. move to keep going lower. Expecting a retracement around the 78.6% - 88.6% fib area, liquidity area, imbalance in the market highlighted purple and following bearish countertrend structure. Taking it low to fill imbalance in the 4H highlighted zone.
Will be taking Short opportunities until we get a Break of Structure within the 30m minimum or 1H timeframe.