2021 was an incredibly bearish year for EURUSD. Continuously printing Lower Low and Lower Highs But since mid November we have been stuck in a daily range. We do like lie price is gearing to come out the top of the range. Which would make sense in my opinion as there is a lot of unmitigated price and order blocks laying from 1.4500 and above.
The daily chart has been pirnting Lower highs and lower lows all year. we could see a pull back for December but I do not see a bullish break of 1.6000 this year now.
Could price finally be in play for a higher timeframe pull back? After an incredible bearish run. some early signs on the 5m and 15m but this does not necessarily mean that the HTFs will follow suit. as it stands 4 hour and the daily and still very bearish. Plenty of imbalance and liquidity targets up above.
EURUSD 4 hour expectational order flow still intact and still bearish. I did think price was going to grab the liquidity at 1.6200 before tuesday/wedensday bearish impulse, but its a good lesson of just because you know where the liquidity is, it doesn't mean you know when the market is going to take it. But yes we reacted to the 4 hour order block and broke...
Price has hit the daily level and order block that has been in my targets for the last few weeks. We could see a reaction from this area taking price back into the premium market off this current leg. This would also be filling in imbalance left from last weeks impulse. New bearish daily Orderblock at 1.6000 could be a good target if price reacts from where we...
I execute trade on 5 minute and 15 minute but always keep higher timeframe expectational order flow in mind. Daily order structure has been bearish for some time now and the last week we have seen a pull back, I did think it could pull back a bit further than what it did but we can only react to what price gives us. The pull back could be over and I believe the...
the 15 minute timeframe is my favourite timeframe for EURUSD Clean with order blocks getting mitigated lovely. The 4 hour has lost its clean order flow at the moment with a few key areas to be tested before I can confirm bias on there. But the 15 minute has broken bearish structure for me and I will be looking to for Long opportunities if they present them selves
What happened last week and whats next for EURUSD? price came to fill the 4 hour EQ before trying to continue bearish Officially I would say there was a further bearish break for structure on the 4 hour on Friday. But somethings telling me it was not very convincing, the 4 hour did close bellow but the next candle came straight back. This indicates I could be a...
EURUSD broke 4 hour structure to the down side to align with the daily expectational order flow. I believe the 4 hour bullish structure was part of a daily pull back but it seems now that is over. I trade with structure and now structure is telling me that we are bearish on the daily, 4 hour, 1 hour and 15 min. ideally I would like a pull back to around to...
as we can see, and as iv been mentioning all week 4 hour order flow has been bullish. I was slightly concerned that it hadn't yet moved away from the order block but today provided a text book liquidity grab from sell side bellow the range it had been forming the last few trading days. As we can see price formed a range. This forms liquidity on 3 levels. 1 -...
As you can see price failed to break out of Tuesdays range. I believe this is due to the dollar being very neutral at the moment. So this has formed a range. EURUSD loves to react to 15 minute order blocks and you can see that in todays moves, the first reaction failed to print a new low before returning to the 15 minute order block that I suggested in yesterdays...
EURUSD provided a lovely short entry today from a 15 minute order block, Price did go on to break 15m structure from this move. if price respects the zone that it created in this move I will be looking to capitalise on it and getting short. But this move still failed to break 4 hour structure so I will be bearing that in mind while looking for entries. if no...
no real change in 4 hour structure for me after todays price action.
As you can see since Tuesday last week price has been in a nice 4 hour range forming liquidity both sides. todays price saw a very swift move on the sell side liquidity formed from that range. Now this could well be a start of a nice bearish move. OR it could just be a liquidity grab. Now my reasoning behind this thought is that as it stands 4 hour structure is...
I have a 4 hour bullish bias being part of a daily pull back within a bearish market. The 15 minute along with the 5 minute are my favourite timeframes to trade within these trends. Today we saw a bearish day on both timeframes. We have still failed to break structure to the down side on the 4 hour. There was some very valid sell positions on the 15&5 minute but...