$EURUSD Heading toward 1.0500. See Why!!!
Idea
- Looking at the Monthly Candle it is clear that There's not enough demand strength to push higher toward the highs, from both the original bullish FVG and Also the recent monthly FVG
- The recent monthly FVG should've expanded toward atleast previous 3M high but after sweeping previous high, confirmation of bullish weakness to target, the Previous Month and 3M low toward previous years low, from which enough liquidity can be found to deliver higher
-If Monthly Candle closes comfortably below 3M Low. Prepare for more Euro Bearishness
- Look at my DXY idea, Capitalised Heavily on the move. And Possibly more profits to be secured in this quarter
1. Created new FVG to deliver toward June 2023 Highs but Failed to Deliver higher in December
2. FVG Failed to Deliver toward recent highs. There's no Demand strength to push Higher
3 Enough Liquidity Behind previous Month Highs to push prices lower toward first target. Previous Quarters Low. Then Previous Years Low
- Looking at the Monthly Candle it is clear that There's not enough demand strength to push higher toward the highs, from both the original bullish FVG and Also the recent monthly FVG
- The recent monthly FVG should've expanded toward atleast previous 3M high but after sweeping previous high, confirmation of bullish weakness to target, the Previous Month and 3M low toward previous years low, from which enough liquidity can be found to deliver higher
-If Monthly Candle closes comfortably below 3M Low. Prepare for more Euro Bearishness
- Look at my DXY idea, Capitalised Heavily on the move. And Possibly more profits to be secured in this quarter
1. Created new FVG to deliver toward June 2023 Highs but Failed to Deliver higher in December
2. FVG Failed to Deliver toward recent highs. There's no Demand strength to push Higher
3 Enough Liquidity Behind previous Month Highs to push prices lower toward first target. Previous Quarters Low. Then Previous Years Low
Komentarz:
Seems like the idea is wrong
Komentarz:
My Idea was correct after all. Time vindicates hahahaha
