Sphinx_Trading

EURUSD: Bearish +120 pips (Needs liquidity)

Short
FX:EURUSD   Euro / U.S. Dollar
- Price closed last week with a strong bearish pressure after reaching 1.09800 supply area lifting behind imbalance with the Thursday daily candle.
- We still observing price action as with this closure we may predict a bearish move to the last low at 1.08000, but price did not sweep the 1.1000 highs liquidity also for a full confirmation to short.
* We may predict a bearish move to 1.08000 to sweep the lows before going bullish for extreme order block at 1.10400.
Trade active:
- Price retested FVG and closed with a bearish daily candle.
Trade closed: target reached

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