EURUSD SHORT-TERM SELL IDEA (5TH FEBRUARY 2023)
Okay. Now let us look at the play here. This is EURSD Pair. What do we expect for this coming week?
1. We can notice the pullback has started. why? We have a Market structure Break on the daily TF.
2. We shall look to sell at Premium this coming week.
3. Unless the price breaks below the old swing low formed at the daily TF, we are still bullish on this pair. Why? We have unfinished business up there on the weekly TF.
So what do we do? We shall enter sells and exit at the breaker blocks and order blocks as we observe how price behaves. and then buy at discounts. But if the price breaks and closes below the COOF? then we will know that we have changed sentiment in the market. For now, Look for Sells
Trade Smart.
1. We can notice the pullback has started. why? We have a Market structure Break on the daily TF.
2. We shall look to sell at Premium this coming week.
3. Unless the price breaks below the old swing low formed at the daily TF, we are still bullish on this pair. Why? We have unfinished business up there on the weekly TF.
So what do we do? We shall enter sells and exit at the breaker blocks and order blocks as we observe how price behaves. and then buy at discounts. But if the price breaks and closes below the COOF? then we will know that we have changed sentiment in the market. For now, Look for Sells
Trade Smart.