EURUSD potential Forecast after FOMC | 3rd November 2022
Hi there guys,
I mainly use ICT + Smart Money Concepts for my trading.
Analysis
Price experienced massive votality overnight as a result of the FOMC news release, with price grabbing liquidity from BOTH the previous daily high and low before continuing its bearish momentum downwards.
Idea
Price is expected to test the H1 Fair Value Gap before continuing to fall towards the H4 Demand zone at 0.97775.
For entries, always use confirmations on the smaller timeframes! Stay safe trading!
Feel free to follow me, comment + boost this post if you guys enjoyed this!
Regards,
Chen Yongjin
I mainly use ICT + Smart Money Concepts for my trading.
Analysis
Price experienced massive votality overnight as a result of the FOMC news release, with price grabbing liquidity from BOTH the previous daily high and low before continuing its bearish momentum downwards.
Idea
Price is expected to test the H1 Fair Value Gap before continuing to fall towards the H4 Demand zone at 0.97775.
For entries, always use confirmations on the smaller timeframes! Stay safe trading!
Feel free to follow me, comment + boost this post if you guys enjoyed this!
Regards,
Chen Yongjin
Note
Price has tapped into the Fair Value Gap and is currently heading towards the H4 Demand zoneTrade closed: target reached
Price has hit the final targetNote
New idea posted for today! 4th November 2022Note
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.
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.