EURUSD Getting Ready to Reach for New Highs!
ANALYSIS UPDATE (See linked Ideas)
Building on previous ideas, we have tapped into the MTF demand and moving upwards but reached a block and currently retracing.
(See "EU MTF Update: Bull Train Leaving the Station!" Linked Idea)
We tapped the initial point of demand but were unable to break the top (Updated the demand level 2.5 pips in hindsight)
(See "The EURUSD Buys are Strong!" Linked Idea)
Looking at it again, another demand level was found nearby. Expecting the market to drop down into this level, accumulating the orders necessary to push the market to new highs.
Willing to sell off the red dotted line and then buy once we get down to the level shown.
Discussion welcomed!
✅ Like if you like!
✅ Comment your thoughts!
✅ Follow me here to see more ideas as things develop!
~Blessed Trading~
Building on previous ideas, we have tapped into the MTF demand and moving upwards but reached a block and currently retracing.
(See "EU MTF Update: Bull Train Leaving the Station!" Linked Idea)
We tapped the initial point of demand but were unable to break the top (Updated the demand level 2.5 pips in hindsight)
(See "The EURUSD Buys are Strong!" Linked Idea)
Looking at it again, another demand level was found nearby. Expecting the market to drop down into this level, accumulating the orders necessary to push the market to new highs.
Willing to sell off the red dotted line and then buy once we get down to the level shown.
Discussion welcomed!
✅ Like if you like!
✅ Comment your thoughts!
✅ Follow me here to see more ideas as things develop!
~Blessed Trading~
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