In 4 hr time frame EURUSD breaks major stracture low and we know that major high and low all are external liquidity.So the liquidity taken by eur usd on 4hr time frame then our entry setup as on 5min is on screen that make a CHoCH on 5 min and then make an inducement so our entry module is after taken out inducement we take entry so here i take buy entry..
* My sl...
I made a video on when to retake the trade and how many times. As per the video, I explained 2 conditions.
The first one is, there should be an increase in volume
second condition is, the price has to cross the buying point.
now, for eur/usd, both the conditions are met, so we can take the buy call with risk: reward 3
HOPE our analysis is adding value to your ...
Market is moving sideways today. Well I expected some consolidation but I think market will pick some liquidity testing bullish order block on 1.05600 price range
and then move upwards. Most probably we can see this movements during NYC session.
Overall I'm bullish for today.
I'm waiting for my indicator to generate buy signal and I guess I will not look for any...
The EUR/USD needs to avoid the $1.0569 pivot to target the First Major Resistance Level (R1) at $1.0601. A return to $1.06 would signal a bullish session. However, the EUR/USD would need hawkish ECB chatter and US stats to support a breakout session.
In the case of an extended rally, the bulls will likely test the Second Major Resistance Level (R2) at $1.0623 and...
EURUSD long trade profit booked.
Almost 6R after cutting commissions.
I was holding trade for almost 8 hrs. now but market moves as predicted.
Overall this was a good day.
FX:EURUSD
EURUSD has created a Flag and pole Pattern and Consolidation was happened more than 20 hours which is good and When the price breaks either side then we can plan our trade according to the market conditions.
The EUR/USD needs to avoid the $1.0547 pivot to target the First Major Resistance Level (R1) at $1.0569 and the Wednesday high of $1.05739. A return to $1.0550 would signal a bullish session. However, the EUR/USD would need hawkish ECB chatter and US stats to support a breakout session.
In the case of an extended rally, the bulls will likely test the Second Major...
The entire day we can observe that the Intrument traded on a Sideways market with some false breakouts during the NEWS.
ATTENTION !!
Be prepare for a sudden Movement , it could be a bear run or a bull run as well.
The EUR/USD needs to move through the $1.0597 pivot to target the First Major Resistance Level (R1) at $1.0647. A return to $1.0550 would signal a bullish session. However, the EUR/USD would need the German and US stats to support a breakout session.
In the case of an extended rally, the bulls will likely test resistance at $1.07 but fall short of the Second...
When price liquidating (sweeps) previous day high (same day high/ Asian high ) , and price came to liquidating the high at perfect time London open time 2 ,after collecting Buy side order (buys side liquidity ) prices will tries to push downwards . since , our htf view is bullish this one is low probable set up .. but still a Valid One
In 5 mint time frame...
Eurusd buy 1.06778
Sl 1.05200
Tp1 1.07574
Tp2 1.08224
Tp3 1.09029
Tp4 1.10329
Trade based on pure price action
The trade is for educational purposes only not a recommendation
