EURUSD: Why you should not be buying EU now!!!!
Based on my analysis on EU monthly bias, we've gotten to a faze where we will be extremely bearish on EU.
The order flow is bullish over the last ten decades, but we swept out an external range liquidity around 2006 which is making price to seek for Internal range liquidity on the monthly basis which we're currently in, the low below is a victim of that due to the fair value left Below.
the samrt money are likely to seek liquidity below that old low we're seeing before the buyside liquidity purge that took place in 2004/06, after then I can start expecting higher prices on EU.
these days we're likely to start experiencing more impulsive moves to the downside because we're now close to the old low, and this is the time smart money want to start selling off their buy orders.
looking for selling opportunities will be more profitable than buys these days.
STEFANFX...
The order flow is bullish over the last ten decades, but we swept out an external range liquidity around 2006 which is making price to seek for Internal range liquidity on the monthly basis which we're currently in, the low below is a victim of that due to the fair value left Below.
the samrt money are likely to seek liquidity below that old low we're seeing before the buyside liquidity purge that took place in 2004/06, after then I can start expecting higher prices on EU.
these days we're likely to start experiencing more impulsive moves to the downside because we're now close to the old low, and this is the time smart money want to start selling off their buy orders.
looking for selling opportunities will be more profitable than buys these days.
STEFANFX...
Order cancelled:
Price is currently on a monthly order block and might no latter take out the low due to that fact that we're also I. a decade discount P.D-Array and EU is likely to start trading for decade highs soon