EMkioko

Eurusd sell idea

Short
EMkioko Aggiornato   
FX:EURUSD   Euro / Dollaro
-Eurusd could have found resistance at 1.07600.

-Take sells and ride down in the hopes that if i am right, price wont break above 1.07700 and drop to the 1.06750 area.

Alright, Let's go.
Commento:
On the chart please note its, Potential lower highs and not potential lower lows
Commento:

30M closed bearish. We can safely take sells
Commento:

Tricky situation we got now.

-We have to maintain the high created and break the low of the previous candle to continue going down.

-Trade is still active as long as we dont break our high.
Commento:

Oh no. Eurusd still resisting. Sell orders still valid a this point.
Commento:

What is a liquidity candle?

-Liquidity candle are pauses in a trending market. They print opposite to the trend and are characterized by an exhaustion formation, eg; A trendy kangaroo tail.

-Notice that if the low of a trendy kangaroo in a bearish market is broken, the trend continues downwards; And if the high of a trendy kangaroo in a bullish market is broken, the trend continues up
Commento:
Commento:

Sellers are dominating
Trade chiuso manualmente:
-Closed manually on profits

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