EURUSD Outlook 8/6

Zaktualizowano
EURUSD traded into a daily FVG last week and reversed breaking market structure to the upside. We will maintain a bullish expectation till price does something to invalidate the expectation. There is a failed 12H SIBI FVG and an 8H balanced price range. We will be watching to see price interact with this area as potential short term discount for continued expansion.

Expansion targets are the 12H OB and Daily BPR above.

With news late in the week price may choose a number of ways to move before the CPI liquidity clearing. don’t force what isn’t clear in these conditions.
Uwaga
Don't love trading mondays but price dipped to the 8HR BPR we were tracking coinciding with the Aug open price. buying here looking to take out last week's high and potentially to the OB above. snapshot
Uwaga
snapshot reducing my risk by moving SL up.
Uwaga
should the 1H FVG give a new short term high I will hold interday. If not I will consider closing
Uwaga
snapshot holding overnight with original SL.
Uwaga
Dont think this is going to hold as price may want to tap the 2H FVG below
Uwaga
Generally dont widen my stop but I will give this to the bottom of the 2HR FVG to play. snapshot
Transakcja zakończona: osiągnięto poziom stop
taken out
Uwaga
snapshot
Zlecenie aktywne
switching sides on EU. Short. snapshot
Uwaga
snapshot taken out. Im going to hold off on trading EU further till after CPI.
Uwaga
snapshot will short if i see something like this
Uwaga
snapshot looking to get short
Uwaga
snapshot tapped in
Uwaga
dont have high confidence this holds as price tapped into a bullish 4H FVG that i did not recognize before the trade. WIll let it play out. snapshot
Uwaga
taken out on this one, not mad at the play but a little more due dilligence on the HTF could have avoided an unnecessary loss. snapshot
Uwaga
Super messy price action on CPI from Eu, usually we would see expansion to one direction or the other snapshot
Chart PatternsEURUSDHarmonic PatternsictinnercircletraderTrend Analysis

Let the algo show you its hand.
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