EURUSD potential Forecast | Monday 12th December 2022

Hi there guys,

I mainly use ICT Concepts for my trading.

Here's a trade idea for Monday, 12th December 2022.

Idea
Looking for price to possibly continue bearish, taking out the previous daily low and possibly head towards the 1.04880 area where the SSLQ & 70.5% Fibonacci line are located.

Abbreviations
BSLQ : Buyside Liquidity
SSLQ : Sellside Liquidity
FVG : Fair Value Gap
MSS: Market Structure Shift

For entries, always use confirmations on the smaller timeframes! Stay safe trading!

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Regards,
Chen Yongjin