EURUSD LONGTERM OUTLOOK
* FOR JOURNALING PURPOSES*
I would really like to see EU fill my monthly and weekly imbalance. Since we are so close to it, my bias is still to the downside. on the H4 we are accumulating again. Price took the H1 liquidity (bank heist), then broke down aggressively. This indicates to me that SMART MONEY may have entered. We are creating a flag near the .382-50 fib zone and it look like we may get a break down to the H1 equal lows. Looking at MACD on H1 for further conformation.
I would really like to see EU fill my monthly and weekly imbalance. Since we are so close to it, my bias is still to the downside. on the H4 we are accumulating again. Price took the H1 liquidity (bank heist), then broke down aggressively. This indicates to me that SMART MONEY may have entered. We are creating a flag near the .382-50 fib zone and it look like we may get a break down to the H1 equal lows. Looking at MACD on H1 for further conformation.
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