Over all, I'm not so bullish on this pair, I see some more selling behind the corner. But Before that happens, the price needs to close at least FVG- on this chart, maybe even entire OB- block. Right now I'm jumping in market price and going up, as it can be seen.
Today's direction is down for this pair. After the weekend there was big drop during Asian session, which is now closed, and I expect continuation of the bearish sentiment. Before, I expect filling of FVG-, than down. Trend line is also down, until we see break above blue line, and the price need to stay above.
I see posibility of breaking downward trend line. However, before that happen I think if will bounce off trend-line, fill FVG+, fill in OB+ and attack trend-line again. That's why I have this pending order. however, if it breaches "Possible BOS area", and my pending order is not activated, I'll cancel it and search for another entry.
Bigger volatility than expected activate previous SL, but the direction stays the same.
There was a sell off on 15min chart when price reached OB-. I decided to jump in on a trade, because the price touched porevious OB+, and moved back. Highly risky trade, but I think as we are closing to BOE announcement today, it will go back up.
FED increased interest rates for 0.75%. Current volatility open some FVG- and I expect OB- to be gilled before it goes down again.
I see new break of structure, the pair is on bullish path, and I expect filling FVG- before continuation. Unless, the would be another break of structure, than overview could change. For now, I have pending bullish order.
Last trade went well, also the direction is not changed. So, I put another pending order, and expect FVG- to be filled before another drop.
Last pending order didn't activated, because there was new break of structure. Again, direction is bearish, but I'm expecting a small pull-back and down again.
Quick usage of current direction thanks to FED expectations in the evening.
I expect FVG- to be filled and most of the OB- before stronger USD all in light of FED announcement on Wednesday.
I see necessity of filling FVG- and OB-, before bearish continuation. This could easily happen over night, especially taking into consideration volatility of this instrument.
I expect FVG+ to be filled. Previous order I cancelled, since it passed almost 7 days and it was not filled.
I see FVG- filled 50% and it's started to go down again. It's gonna be volatile today thanks to ECB and EUR/USD, so buckle up for this ride :D
I see manipulation with the price, and possible closing of OB+ on 1h chart. Tomorrow we have ECB decision, which could have big impact for volatility. If the rate hike stay the same, I expect the pair to go down. Unless ECB decides to surprise and announce 0.75% rate hike. I stick to my 1:3 rr, and I don't expect big movements over night.
Today's move was mainly on news on worse-than-expected inflation in US market, and analysts "didn't expect so bad" which is b****it, but it's up to them. I know I did good prediction for my company :D I see another fall probably over night, or even until the end of NY session. Previous OB+, which is not visible on the script should be filled (price around 0.99)...
New week looks very bullish for EURUSD, or bearish for USD in general. Today's impulse push I think will be reversed in the afternoon, retested OB+ and move again upwards.
New week looks very bearish for USDJPY, or bearish for USD in general. Today's impulse push I think will be reversed in the afternoon, retested OB- and move again downwards.