EU has finally repriced to go lower for the whole of December but we're getting a lshodt term retracement on EU before finally selling off.
We can also as week see the opposite happening on Dollar index ..
Confluences:
We've just currently swept liquidity below an old low las week leading to the low we have today during Asian session, and price has impulsively displaced higher with a fvg creating a bullish open float and a bullish institutional swing point, showing that the smart money are ready to go bullish.
Expectations: We are likely to see price trade into the discount of the bullish price swing created today and buy off of the bullish order block highlighted.
Conclusion:
if price trades into the discount of the bullish price swing, I'll be capitalizing on a short term long position to the relative Equal highs above where we have buy stops and the stops of those who previously had short positions in the market .
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.