Expecting EURUSD to grab some liquidity before next rally.
Based on studies of Wyckoff price action/cycles, Mentfx (YT) order blocks concepts, and ICT (YT) institutional price action concepts.
My speculation for this week is the USD continuing to fall, thus boosting the the EUR. But, smart money needs to fill some recent inefficiencies first. I'll be looking for a fake trend break at of before Wednesdays NY open/London Close to accomplish this, wipe out long stops and collect liquidity before next rally through the end of the week.
My speculation for this week is the USD continuing to fall, thus boosting the the EUR. But, smart money needs to fill some recent inefficiencies first. I'll be looking for a fake trend break at of before Wednesdays NY open/London Close to accomplish this, wipe out long stops and collect liquidity before next rally through the end of the week.
Commento:
Happened way sooner than i'd expected. Twas a very good day!