EURUSD Resistance Level - Volume Profile

4 mar

I still see EURUSD, at some stage, sweeping the liquidity lying at 1.0790, before making the main move higher.
The level we are are now could start and act as resistance: note the POC during the distribution phase on Thursday. Waiting for a nice entry sell opportunity now on lower timeframe.

Image below shows the level I would like to target with any sell I enter.

4 mar

Nota

For all you FVG traders out there, I know there are a lot these days, this level lines up perfectly with an old 5 min FVG...

4 mar

Nota

Alerts set on these highs, then wait for setup...

4 mar

Trade attivo

5 mar

Trade chiuso: stop raggiunto

Stopped out yesterday at entry