EURUSD Outlook 6/25

26 giu 2023

EURUSD remains bullish for now, however i am anticipating a reversal. It is at a bit of a crossroads with valid daily orderblocks on the bullish and bearish side. Whichever fails first determines the direction.

Areas of interest are annotated on the chart.

My bias at this point is bearish as that is the most recent OB.

27 giu 2023

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I like this area for shorts.

27 giu 2023

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short from OTE

27 giu 2023

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beautiful reaction. going break even.

27 giu 2023

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giving it room back to the high.

27 giu 2023

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gonna hold into tomorrow.

27 giu 2023

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No longer expecting a big push down as the daily FVG did not deliver bearish price action as exptected.

Conservative choice will be to close trade here at break even. However price may want to rebalance FVG before move up. will be holding position as a result with reduced TPs.

28 giu 2023

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changed my mind again. DXY looks poised for a rise. holding.

28 giu 2023

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moving well. Just need Powell to behave at 9:30

28 giu 2023

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Lol why is Powell speaking both today and tomorrow, cant he just tldr it?

28 giu 2023

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stoploss is at break even

28 giu 2023

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stoploss moved to profit

28 giu 2023

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TP1 hit

29 giu 2023

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TP2 hit, trade collapsed.

30 giu 2023

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short on EU from the 4H OB, I dont think it trades back above the weekly. Looking for it to trade at least to consequent encroachment of the weekly FVG, taking out the pre-news low.

30 giu 2023

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could have been more patient with entry, watching how price reacts to weekly open price.

30 giu 2023

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can't stop a freight train. Not mad at the idea, but there was not LTF confirmation.

30 giu 2023

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giving it one more shot/short