Hello Traders,
I hope your week has been good. mine has been FANTASTIC and I'm not exaggerating.
EURGBP right now has entered into an interesting zone, which is a weekly FVG (yellow box), and has reacted. I expect the price to retrace into the blue box which is my area of interest to look for a long setup. To be frank, I am not sure I will get my setup before the price takes off but I'd be on the lookout.
Another thing I would like you guys to look at is the weekly equal lows (you can use the daily timeframe to see it clearly) that has been swept with this week's price movement and to price into the weekly FVG.
Let me know what you think in the comments.
Some of the pairs I would be monitoring for next week are:
AUDCAD, AUDCHF, GBPCHF, GBPCAD et al
Let me know if you are also monitoring EURGBP.
Cheers,
David
I hope your week has been good. mine has been FANTASTIC and I'm not exaggerating.
EURGBP right now has entered into an interesting zone, which is a weekly FVG (yellow box), and has reacted. I expect the price to retrace into the blue box which is my area of interest to look for a long setup. To be frank, I am not sure I will get my setup before the price takes off but I'd be on the lookout.
Another thing I would like you guys to look at is the weekly equal lows (you can use the daily timeframe to see it clearly) that has been swept with this week's price movement and to price into the weekly FVG.
Let me know what you think in the comments.
Some of the pairs I would be monitoring for next week are:
AUDCAD, AUDCHF, GBPCHF, GBPCAD et al
Let me know if you are also monitoring EURGBP.
Cheers,
David