EURUSD Looking Short
Liquidity taken out on the X
Scenario 1. Smart Money Entry
If the above breaks and hit the SL then
Scenario 2. May play from here
The big TP area is an area of importance from a previous swing structure in the past on its Money Zone
Although this could take some time to get to this area if the entry is hit if both scenario 1 or 2 SL do not get hit there could be a potential for a nice down trend worth risking 1%
Liquidity taken out on the X
Scenario 1. Smart Money Entry
If the above breaks and hit the SL then
Scenario 2. May play from here
The big TP area is an area of importance from a previous swing structure in the past on its Money Zone
Although this could take some time to get to this area if the entry is hit if both scenario 1 or 2 SL do not get hit there could be a potential for a nice down trend worth risking 1%