EURUSD on monthly timeframe is on a bearish market structure. It has taken out the external range liquidity on monthly and is now looking to retrace. The extreme unmitigated OF block is high probability interest for the inter banks to target. After tapping in extreme POI the price can then again continue its bearish momentum. It is a macro perspective so fundamentals will should also be considered at POI's.
Happy Trading
Team Lamda
Happy Trading
Team Lamda
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.
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.