EURUSD| Short Term Buys. EU has finally repriced to go lower for the whole of December but we're getting a lshodt term retracement on EU before finally selling off.
We can also as week see the opposite happening on Dollar index ..
Confluences:
We've just currently swept liquidity below an old low las week leading to the low we have today during Asian session, and price has impulsively displaced higher with a fvg creating a bullish open float and a bullish institutional swing point, showing that the smart money are ready to go bullish.
Expectations:
We are likely to see price trade into the discount of the bullish price swing created today and buy off of the bullish order block highlighted.
Conclusion :
if price trades into the discount of the bullish price swing, I'll be capitalizing on a short term long position to the relative Equal highs above where we have buy stops and the stops of those who previously had short positions in the market .
StefanFX ....
