Euro / U.S. Dollar
Long

EURUSD LONG on Order Flow - Follow the smart money!

126
Strong Bullish Signal:
The price indicated a sharp and confident growth after a downward correction. The surge was supported by the huge volume, which means that the smart money pushed the pair upwards.
Volume Zones:
We need to allocated an important level of support 1.0960 - 1.0972, which contains the large volume. Moreover, the price resumed growing exactly after the test of this mark..
Sentiment:
This indicator shows that 82% retails traders are in short positions, which is a good additional signal for us (trading against the "crowd").
https://a.radikal.ru/a19/2003/6a/e70f5d3b8b36.png
Consider Long Positions:
Given all these factors, we should give preference to long positions. We may enter the market after a smooth downward correction, in order to get an acceptable point. A stop loss should be placed below the support level.
Profit Potential:
More than 120 points.

To learn more about order flow based volume trading, sentiment analysis and trading against the retail crowd see the educational article below -
Profiting from Order Flow: How to follow the Institutional Money

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