Price could go bullish as my idea.It is true that not every trade is a winning trade things could be changed in a seconds here. We could only predict what could happen next, as my system suggests that the super trend is continue bullish and it broke the current resistance level the EURUSD could go upwards and comes again making a new support here or it could comes to the previous resistance level to make it support again.
Eurusdshort
EURUSD - Expect AMD Pattern ✅Hello traders!
‼️ This is my analysis on EURUSD .
Here we can see the AMD pattern, as price now accumulates and I expect it to manipulate sell stop liquidity and fill that imbalance lower and then to distribute higher.
Like, comment and subscribe to be in touch with my content!
EURUSD BREAD AND BUTTER SETUPThe DXY is showing signs of getting back to the races , while the fIber is clearly frail.It has been on a week long consolidation which is likely pointing to the pair distributing to go lower.
Last week price had tapped into a daily rejection block from midyear as well as flashing with another key premium being the yearly low from 2020.These are strong lecvels that are likely going to offer resistance .
From my analysis i took a fib and marked the 50% level of the hourly rejection block for a much refined entry that offers a higher risk to reward ratio.All i have to do now is wait for price to tap into my slaughter house.:-)