EURUSD EQH’s were taken yesterday and the pair continued to push higher during Asia session.
I believe today price will sweep liquidity above Asia session and drop down.
My targets are 1.04950 and 1.04552
BEFORE OPENING YOUR TRADE: - Remember risk management is 1-2% of your capital - Take profit of your position partially. Don’t leave money on the table. - Don't open too many orders at the same time - Be patient - Don't be so greedy - Go to a lower timeframe to find break of structure and change of character (Choch). Remember No Choch – No Entry! - DON’T FOLLOW IDEAS BLINDLY - ALWAYS DO YOUR ANALYSIS BEFORE MAKING A TRADE! YOUR TRADE IS YOUR DECISION!
If you have your own view about it, please share your thoughts in the comments.
Happy trading!
Note
Please note this is only a short term sell setup as I believe EURUSD will continue to push up
Note
Trade closed at 0.5100 as the dollar currency has lost some steam and I think its going to drop back to the demand zone.
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