EURUSD direction thesis
As I've discussed here on this platform the importance of focusing on mostly these two things, FVG & Liquidity, why? Because price always only seeks these areas, either one of both.
On the daily here we see that our monthly FVG was not important as price was evidently seeking liquidity, and now that price has rebalanced it will look to continue with strongest momentum, the strongest momentum in this pair is BULLISH movement because on higher TFs price is going up.
Price will leave behind inefficiencies and that it will seek to balance, that will be our cue to enter on lower TFs.
Will keep posting POV.
On the daily here we see that our monthly FVG was not important as price was evidently seeking liquidity, and now that price has rebalanced it will look to continue with strongest momentum, the strongest momentum in this pair is BULLISH movement because on higher TFs price is going up.
Price will leave behind inefficiencies and that it will seek to balance, that will be our cue to enter on lower TFs.
Will keep posting POV.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.