This is not a financial advise. I am a baby trader trying to use Publish idea to journal my analysis. I am making it public to get some valuable feedback if ever.
Confluences?
DXY - Double bottom, Took Support and showing Strong Uptrend. This uptrend most likely a short one before dumping further which gives a small opportunity for Short scalp on EU and GU??
Euro - After consolidation broke below the consolidation zone for a good liquidity grab before moving further up.
Extremely risky trade as the liquidity grab could just reverse anytime. I am hoping the imbalances to be filled before the move up and hence TP in the Imbalance areas. So trade will be close when I have a reversal confirmation.
It is a golden rule to use risk 1% of capital per trade.
Remember Capital preservation is the real game.
Price action is King
Smart money is the best money
Charts don't lie :)