EURUSD: Bullish Draw Toward Daily Buy Stops!

Greetings Traders!

Current Market Analysis:

At the moment, EURUSD is exhibiting signs of a potentially bullish draw toward the daily buy stops.

Key Observations:

• H1 Bullish Structure: The internal structure on the H1 timeframe has shifted to bullish, indicating a potential for further upward movement in EURUSD.
  
  
• H1 Bullish Order Block: Currently, price is supported by the H1 bullish order block, which may serve as a springboard for further upside movement. This suggests that the market is drawing towards the daily buy stops, which is my primary target.
  
  
• H1 Sell Stops: If price takes the sell stops, I will still be looking forward to taking a buying opportunity provided the market gives me a confirmation to do so.
  

Trading Strategy:

• Focus on Bullish Order Flow: Given the evidence of bullish institutional order flow, the strategy is to look for entry opportunities around the H1 bullish order block.
  

Target Levels:

• Draw on Liquidity: The target is the daily buy stops, as indicated by the current bullish order flow and market structure on the H1 timeframe.
  

Conclusion:

By understanding the current bullish institutional order flow and leveraging key support and resistance levels, we can effectively anticipate and execute trades on EURUSD. The shift in H1 structure and the support from the H1 bullish order block point towards a bullish draw, guiding our strategy towards taking advantage of long opportunities in the market.

Happy Trading,
The_Architect