LegendSince

EURUSD - I'm Starting To Like Euro

Long
LegendSince Updated   
OANDA:EURUSD   Euro / U.S. Dollar
After the selloff occurred on the week of the 8th of April 2024, we have witnessed rangebound price action below the recent weekly sellside liquidity located @ 1.06950 which is my first point of call for longs.

If you were to study Cable and Euro, you will notice that Cable sold off whilst Euro held it's ground, creating intraday higher highs and higher lows starting from Tuesday.

Lookout for the fire days throughout this week; Tuesday, Wednesday and Friday as i am expecting implied volatility on those days which should be exactly what the doctors ordered to get us to the land of dreams!

My philosophy is simple...

Fortify Michael J Huddlestone's concepts that I have studied to consistently predict where the market is more likely to go.

This includes;

- Market Structure
- Buyside/Sellside Liquidity
- Order Blocks
- Liquidity Voids
- Fair Value Gaps
- Optimal Trade Entry
- Premium/Discount Array
- SIBI/BISI
- Many More!

The strategies mentioned here are some of many that I use to implement into my analysis and over time, with consistency I aim to achieve a high degree of accuracy in the markets with the foresight and understanding to assess what went wrong when my bias is negated.

Credits;

- Michael Joe HUDDLESTONE
- Shawn Lee POWELL
- Toray KORTAN
Trade closed: target reached:
Targets set out for E has been booked!
It is unfortunate that the charts that i have done my analysis for you guys is showing on the weekly timeframe. I will try to rectify this for next week.
And with that being said, i will be sitting on my hands for the reminder of the week as i am not looking to push my edge.

For those who want to see a bit more, please refer to my 'minds' for intraday analysis.

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