* after every big move there is an inducement and after that eng liquidity * After taken out this liquidity next big move can come *So as this rule EUR USD taken out inducement and go for eng liquidity * Eng liquidity is high probability zone compare to the inducement * Inducement PROBABILITY is 50/50 And eng liquidity probability 70/30 * So as per rule after taken out eng liquidity the big upward move can come. *Also there is an IFC(institutional funding candel) which is high probability ob zone *As on chart if it happen and taken out minor liquidity as mentioned *Inducement sign($) Liquidity sign(*) BREAK OF STRACTURE SIGN (BOS) *BEST ENTRY PRICE - 1.06659 STOPLOSS - below the inducement taken out candel as on chart 1.06419 1st target - 1.08056 2nd target - 1.09780
Order cancelled
Due to neutral report of cpi and one positive to usd so cancelled entry
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.