We have a potential shark forming, price just broke structure and has an imbalance to fill from a previous IFC along with liquidity trapped at the X point.
The shark completes at .86 or 1.13 (.86 doesn't cover the in-balance) There will probably be a liquidity hunt if price reaches the X point and if so the 1.13 will be our target
However, we have potential volatile news dropping for the EUR in 1h 20, which could send the EUR either way so I'm going to wait until then before dropping the signal.
The shark completes at .86 or 1.13 (.86 doesn't cover the in-balance) There will probably be a liquidity hunt if price reaches the X point and if so the 1.13 will be our target
However, we have potential volatile news dropping for the EUR in 1h 20, which could send the EUR either way so I'm going to wait until then before dropping the signal.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.