Good morning everyone,
This morning we see a buy opportunity in EURUSD as yesterday we saw a liquidity sweep which left a 'Sell to Buy' candle where alot of money lies for the banks which must be mitigated. This is not certain movement as price can carry on dropping (long term trend is bearish) but the reaction in the marked area is highly likely. We will be observing and waiting for further confirmation once price arrives to this area
One minute time frame analysis:
This morning we see a buy opportunity in EURUSD as yesterday we saw a liquidity sweep which left a 'Sell to Buy' candle where alot of money lies for the banks which must be mitigated. This is not certain movement as price can carry on dropping (long term trend is bearish) but the reaction in the marked area is highly likely. We will be observing and waiting for further confirmation once price arrives to this area
One minute time frame analysis:
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We did notice price ranging at the marked area, however it didn't respect our analysis unfortunately. Although we mentioned on the TradingView idea description that EURUSD long term bias is bearish, we intended to take this counter trend but were unfortunate.
More updates coming soon