Here's my bias for EURUSD. I'm anticipating a bullish weak.
The Monthly, Weekly, Daily, and 4hr are all in sync for bullish order flow.
Confirmations this is indicating me personally a bullish week:
1) Higher Timeframe MA's in sync 2) Price respected a previous 4hr order block 3) Price respected a previous Daily order block 4) Price in my eyes created a swing low pattern (purple lines)
What will really set in stone a bullish week for me is if price breaks through and bounces off any previous swing highs.
Commitment of Traders has commercials with big bearish orders coming in. Institutions may be targeting key long term highs to take out liquidity then possibly have a strong bearish move in the market.
I'd like to hunt for buys early in the week (mon,tue,wed) depending on price action and I'll be targeting previous highs.
If price is truly bearish, the equal lows is a key area of interest for me.
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.