EUR/USD Weekly + Monday Bias
Happy sunday traders,
For next week (14.10 - 18.10), I'm still bearish on price, fundamentally USD has been getting stronger due to uncertainty of the conflict happening in the Middle East.
Technically, price has been respecting a 4H FVG and in equilibrium and I'm expecting price to continue lower into a 1H Orderblock. If price breaks through this orderblock, my next target would be a massive 1H FVG(Imbalance) below.
However, if price were to break above the FVG mentioned, I'm expecting price to go up for a liquidity grab at the swing high, possibly even tapping into a failed OB, to continue lower afterwards.
Happy trading everyone! :)
For next week (14.10 - 18.10), I'm still bearish on price, fundamentally USD has been getting stronger due to uncertainty of the conflict happening in the Middle East.
Technically, price has been respecting a 4H FVG and in equilibrium and I'm expecting price to continue lower into a 1H Orderblock. If price breaks through this orderblock, my next target would be a massive 1H FVG(Imbalance) below.
However, if price were to break above the FVG mentioned, I'm expecting price to go up for a liquidity grab at the swing high, possibly even tapping into a failed OB, to continue lower afterwards.
Happy trading everyone! :)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.