Hello traders,
I have observed that the fibre has formed a pattern that should not be ignored.
This is since the close of last month whereby EURUSD has been forming lower highs on the 1hr timeframe at the POI.
These highs are taking out the buy-side liquidity as they accumulate more sell orders.
There is also a very significant liquidity void on the downside which needs to be filled.
I expect the price to retest level 1.07300 before we can go short today.
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I have observed that the fibre has formed a pattern that should not be ignored.
This is since the close of last month whereby EURUSD has been forming lower highs on the 1hr timeframe at the POI.
These highs are taking out the buy-side liquidity as they accumulate more sell orders.
There is also a very significant liquidity void on the downside which needs to be filled.
I expect the price to retest level 1.07300 before we can go short today.
Like and Subscribe.