Here is my bias for EURUSD, we have an equal low and I am anticipating for price to move and clear liquidity above the Asian high. In my POI is an FVG from the breaker block that failed to hold to push price higher and creating a structure shift and also an FVG that caused the structure shift.
This is a 15min internal structure where liquidity has to be taken to fulfill the 4hour pullback. Price has just taken out inducement at 1.08233 and this has created a liquidity below the 1.08403 zone where I am looking to sell for a short term, clearing liquidity and expecting price to to drop to the 1.08147 or 1.08054 zone and create a confirmation entry....
Here, after a strong high and a strong low range has been created we look to go long from the 0.65669 zone targeting the internal 15min range liquidity having a bigger picture in mind of the 4hour range in where we can either short from the 0.66000 zone or 0.66150 zone.
In this analysis of the EURUSD on the 1-hour timeframe, I'm observing how the price behaves around the 1.08500 supply zone. My intention is to confirm a potential short-term selling opportunity as a countertrend move towards the next demand zone at 1.07838. Once this short-term move plays out, I'll be looking for confirmation on a possible long position from that...
EURUSD has broken structure on the 1hr timeframe which will cause a pullback. But then, the supply zone which it has tap into could make it pullback to a potential demand zone. This demand zone at 1.09000 seems to be that it will attract price to it cause of the liquidity that is resting below it. At this point lets keep our fingers crossed and follow price action.
I am looking to buy EURUSD again from 1.08118 to clear liquidity at 1.08439. Price might begin to show some retracement from the 1.08505 Supply Zone to go short.
There is liquidity built up above this zone but orderflow looks bearish. At this 1.72649 zone I am looking for a confirmation to go short to clear liquidity at 1.72056.
My bias change as orderflow now is bullish. I am looking for a 5-min confirmation entry on the 1.09354 zone then i can go long. The red line at 1.09639 is my first take profit. While i expect price to push higher to clear liquidity at 1.09812.
I am looking to short EURUSD from this zone make sure you see a 5-min switch for a bearish structure. There is every possibility that this high might be broken and if that happens then consider to look for a retracement before the longs starts.
Price has failed to mitigate our demand zone but started a shit from the imbalance. Lets see how we can follow price flow and get to the 1.94794 zone.
Price has just cleared liquidity and its finding its way back to the top to mitigate the supply zone. From 1.94237 zone, i am looking to go short the next demand zone, since we have identified two zones, watch out for where price gives you a confirmation entry. Cheers.
I am still looking to follow price as it shows bearish moves. At the 0.65172 zone, i am waiting for price to clear this liquidity below it, tap in the supply zone and give me a push to the next demand zone while taking first profit at 0.64845.
Overall this is counter-trend to go short so we can mitigate a discount demand zone at 1.72535. Let's see how price plays down from 1.73272. Cheers.
Price is not well price here at 1.09410 and even though this might not be the best setup, try to manage risk if entering. Look for how price will react to the demand zones below. I see 1.09100 as a liquidity zone and i am looking out for price to come in here and give a confirmation entry at the 1.08770 zone.
Here is a bigger picture of what i see for EURUSD. So even when i want to take a long, is till see a more potential zone below. We can only act by what price presents. So the long from 1.08470 it is for me until otherwise. See the comment for 5min entry criteria.