at the moment EURUSD had failed to break major high and major low, but seems to take on a change of character in the process of a liquidity sweep towards the most recent order block. This could result in a brief range, or choppy market for an unknown amount of time, so I will be waiting until the market clears up before placing any trades. Higher timeframes such as the daily timeframe suggests a potential bearish momentum accumulation, but I will wait for further confirmation before placing a label on the market sentiment. Market activity is said to pick back up to normal volatility next week as there is a news event Jan 3rd.
Also, please do not take my ideas, or anyone else's ideas as financial advice. Most of the time it is a strategy on trying to win a guessing game.
Not
Back from break, turns out the market had an MSS and is now downtrending.
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.