EURUSD Outlook 5/29

29 thg 5, 2023

DXY bias is bullish so i am expecting weakness in EU.

NFP week so things can get shiesty on Friday. Still expecting NFP to be ultimately bearish.

HTF Bearish objective is sellside liquidity around 1.06271, which is 1 standard deviation of all the trading above the February open price mirrored to the downside.

All other relevant POIs are annotated on the chart.

30 thg 5, 2023

Ghi chú

im short on EU with the expectation that the current 12H candle will not close above the most recent 12H bearish orderblock.

30 thg 5, 2023

Ghi chú

going break even

30 thg 5, 2023

Ghi chú

the 12H is turning into a rejection candle below the OB as anticipated. this is encouraging. 4 hours or so till it closes.

30 thg 5, 2023

Ghi chú

dont love this development. holding till taken out at break even

30 thg 5, 2023

Ghi chú

giving it room.

31 thg 5, 2023

Ghi chú

TP1 hit on EU. holding for TP2.

31 thg 5, 2023

Ghi chú

closed the rest manually here. something else seems to be developing

31 thg 5, 2023

Ghi chú

im switching long on EU.

31 thg 5, 2023

Ghi chú

market might have got the best of me today.

2 thg 6, 2023

Ghi chú

done with currencies for the week as stated but this is a forward test position.

2 thg 6, 2023

Ghi chú

would be tapped in here if I was entering live.

2 thg 6, 2023

Ghi chú

would have been stopped out. done demo trading NFP

2 thg 6, 2023

Ghi chú

Lol you raggedy *****

2 thg 6, 2023

Ghi chú

My interpretation of EURUSD's NFP liquidity inducement and capture.