EUR/USD - Weekly Outlook (Strong Plan)Hi all,
This is a very strong and so far my favourite plan so far in this weekly outlook, let me explain..
Larger TF show clearly we are in a Bearish Run.. We shall keep jumping into this run to catch further profits. We can see lower Imbalance to take so at this point I will continue selling into the Higher TF Demand zone.
Smaller TF we are looking to capture these strong pullbacks to jump into sells, so far we can notice price has respected this Supply Zone taking out the Buyside Liquidity. This is good confirmation that price now wants to seek lower Liquidity.
We then follow price to notice a strong CHoCH before we see fundamentals pushing price strongly down during market closure last week. We caught a really nice buy setup to fill that Imbalance but now we have once again broken structure in smaller TF
Now looking at were we are now with market closure we are in a range of which I would like to see price creep up into that dotted line being our Premium Range to get a good selling price to sell off to break further structure.
Be sure to comment on your thoughts towards this trade Idea.
Good luck to the traders that decide to follow