EUR/USD - High Probability Trade Setup

Diupdate
Looking at this chart price is appearing Bearish but I have other beliefs. As you can see on a Monthly TF you can notice a clear Elliots Wave 1-5 Pattern Followed by this current breakout.

Typically Liquidity will sit higher and will remain untouched after breakout as shows in this graph, I believe we have seen a large swing point being at a Phycological Level and now on smaller time frames we are seeing Bullish movements.

To confirm this Theory on the Daily we have noticed the previous Bullish movment took out Swing High Liquidity and is extremely Oversold. Price will be falling but to where..? We have creating a Change Of Character and unless this changes im now looking for Buy positions. We are creating Higher Highs in the 4H and breaking previous structure points.

On the Chart I have market out key levels being OTE zones, Discount areas and Liquidity all being lower than the current price suggesting this pullback period will inverse this imbalance before pushing us into Higher Highs once again

Will be adjusting our Entry Models as price action moves

Good Luck to all Traders who follow along
Trade aktif
Price Reacted off our OTE without touching any Demand zone. Im waiting for my entry now at the previous demand zone. Tightened my Risk management
Elliott WaveOscillatorsTrend Analysis

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