Positive consumer sentiment report as expected but way more than expected. EU expected to dump now
Positive consumer sentiment report as expected but way more than expected In theory.
Strong Job market in the US and weakening CAD economy I expect the trend to be respected due to these events
Down Trend has been established with consistent lower lows. Price grabbed liquidity and respected the bearish trend on the higher time frame 8h medium liquidity trend = strong trend. Price action created and already liquidated early sellers enough to have momentum to carry it potentially to 1.8200.
ob expected to be respected allowing for another aggressive move up since price already accumulated at this level
Based on the accumulation schematic of Wykoff, I intend to place trades for longs on EURUSD Waiting for a deeper retracement
Strictly technical analysis, I expect the area of support to be broken through and continuation or a strong continuation to the upside followed by capturing of liquidity
touched a 4hr POI, showed nice rejection indication bearish movement in asia straight through NY