EURUSD 20/05/2022

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🎯EURO has taken out last week's high and now is sitting on the high from Wednesday. Asia range has been quite tight so we could get a volatile day today. IMO we're heading to the monthly high. ITs Friday and I'm not sure if I want to trade as I had quite a successful week, but if the price will drop below the Asia range (purple box) takes out the liquidity below (pink line) and returns back above the day open price (yellow line) long is possible. Don't rush in to trade price is moving up now, but it's too early that London and especially the US session can attack that liquidity.

Dave-FX-Hunter ⚔

✅ PS: I will be glad if you as well share your thoughts with charts about this pair.


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❗❗ This is Pre-plan
That means my view can change, depending on how the price will arrive at the level and what will be happening on the M5 in my level of interest for entry. Then I will decide if I will enter or not. So please don't just blindly follow this. The FX market is a quickly changing environment and it requires full focus on the levels for the precise entry with low risk.

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