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KingTA

EurUsd trade took Do you know where liquidity is?

Short
Euro / U.S. Dollar (FX:EURUSD)  
KingTA  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns Beyond Technical Analysis
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trendanalysis chartpattern beyondta
Key levels:


Price retraced to Mondays range high, did a liquidity grab, then retraced.

It just took out the liquidity from yesterdays high

it closed below previous weeks range low

All important levels I draw on all my charts.

It didn’t take out the Asian session high, so we might just retrace higher.
But I’m giving special significance to the Mondays range high, since price stopped just short of this level yesterday, but today we did a turtle soup liquidity grab.

We did see a market structure shift, that’s why I took the trade. But it’s not 100% my entry model, I am very much discretionary, rather than mechanical.


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