Possible bullish sentiment in EUR/USD

4 thg 1

after EURUSD respected what appeared to be a possible resistance area on the 1H timeframe (also may be an order block around that resistance area) and a FVG that could act as a magnet for the price to come down to trigger limit orders that may push the price up (also hard to tell because news events and/or data dumps are due very soon). I would wait for market to speak before placing any trades at this moment, as the price could be subject to a sweep soon. Wait for market break of structure for confirmation (AFTER a valid pullback has occured).

(also do be mindful I do not provide trading signals, so do not take any of my analyses for financial and/or trading advice, I am simply a hobbyist trader.)

4 thg 1

Ghi chú

I have created a buy limit order near the OB the price has rejected from.

* Entry: 1.09176
* TP: 1.10326
* S/L: 1.08856

If you use trailing stop orders, it is 320 pips down from entry
* T/S: 320

5 thg 1

Giao dịch đang hoạt động

Entry has been reached, the buy limit is now active.

5 thg 1

Đóng lệnh: dừng lỗ

S/L was reached after a news event fluctuation in the market caused a liquidity sweep

5 thg 1

Ghi chú

FVG connecting to the recently respected OB after market close. See you all after market re-opens for some hopefully fruitful trades!