EURUSD short setup- MMSM confirmed as we have taken buyside and pulled into a premium in weekly range
- 1.05161 is the target
Markermaker
EURUSDAlthough i did not have a worthy trade setup on wednesday, EURUSD provided an amazing trading week for many, this is the perfect example of what true institutional trading and market manipulation is all about. If you know what you are looking for, the market becomes your play ground. learn the truth of the market and stop following these IG "gurus" that mostly mislead you and fill you with retail useless information.
Trade Idea | NZDUSD, Long Position, MARKET MAKER'S Confluence.If you look closely entry was made on the 22nd of June. has been playing out well and perhaps would have taken profit on the 25th June, just before a key zone from 0.71000 to 0.71250 but stayed in as it had not yet touched the Red line (50MA), though the Blue line(200MA) most often is where one should close the trade as this MA signifies a change in direction. Yet we are looking to see a Major Market Maker's play, that being the major confluence to stay in the trade as we see ("W") formation. This signifies a continuation to the upside, as we can see after the 4 red candles there is 1 long green. This week we look to see this trade take profit at (50MA) touch which the set (TP is at 0.71606) and (SL at 0.69003) a 1:2 RRR.
