EURUSD: A RISKY TRADE IDEA
Q) WHAT IS THE CURRENT STATUS OF THE MARKET:
1. The daily time frame has shown a slight bearish nature with the price making a choch with fvg to the downside. But this could also be an attempt by the institutions to collect liquidity and go long
2. the 1HR and the 4HR has shown bullish nature and for now we are going to follow that and take a small profit with a small yet risky stop loss
3. The price has been making higher high in this time frame
4. so the entry is at the place where the 15 min choch occurs, which provides the confirmation that the market is trying to go up
1. The daily time frame has shown a slight bearish nature with the price making a choch with fvg to the downside. But this could also be an attempt by the institutions to collect liquidity and go long
2. the 1HR and the 4HR has shown bullish nature and for now we are going to follow that and take a small profit with a small yet risky stop loss
3. The price has been making higher high in this time frame
4. so the entry is at the place where the 15 min choch occurs, which provides the confirmation that the market is trying to go up
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