EURUSD Analysis Londen Session 16-10-2023

Oct 16, 2023

Goodmorning Traders,

I will be watching the Londen Session open to Anticipate a possible Short to grab the build up SellSideLiquidty.
For now the market holds some intern BSL to possibly grab with the 08:00 Opening to then reverse Short. Great to fill Limit Short Orders.
I will be watching price and then anticpate a possible trade setup.

No Financial Advice.
Dave

Oct 16, 2023

Note

Price Showing Bullish Opening that can indicate that market wants to trap Longs, waiting for some sort of reversal on the lower timeframes. Ideal timing would be with the 09:00 Macro

Oct 16, 2023

Note

Now watching if price will fail Bullish 15Min Orderblock.
If it breaks i will be looking for possible shorts.

Oct 16, 2023

Note

If price is holding the 15Min Bullish OrderBlock i am expecting more bullish price action towards possible BSL Target (1.05473)

Oct 16, 2023

Note

Choppy Londen Session so far. Price holding the Bullish uptrend. By doing that its creating more SSL to maybe take on Londen or NY Session.
No trading for me yet.

Oct 16, 2023

Note

Waiting for market to reach for 1.05473 BuySideLiquidity(BSL).
If price takes out the BSL more High Probability in Shorts.
Price is in equilibrium of buyers and sellers thats why no high probability in trades.
And market is more Choppy.