3 out of 5 indicators are bullish, also the dollar index is showing signs of weakness which is good for the euro: 1 indicator - the latest COT report 2 indicator - retail trades 3 indicator - option flow sentiment However, since we're seeing a narrow range, there's a chance that the euro might have a false breakout before it moves higher.
NZDUSD is looking bearish in HTF 1. Conditional Scoring: Bearish sentiment is derived from expectations of deteriorating economic conditions in New Zealand relative to the US. 2. COT-FILP: Bearishness is based on speculative positioning in the futures market, where traders anticipate a decline in the NZDUSD exchange rate. 3. Seasonal Patterns: Bearishness...
Aggressive short setup on EUR/USD, we took out liquidity and reacted on the zone as explained on the previous trade idea. We have confirmation after double hunt of liquidity. Trade is aggressive because m15 structure is still long and we just took out an important H4 low
Advanced trade on EUR/USD to balance out range. Strong imbalance below. London manipulation and change of short term trend after BOS. Entry after Engulfing candle