Potential short term Bearish order flow on EURUSD
Atualizado
Although we have seen price reach for the Buy Sided objective for the week BSO[W} for DXY , which was in sync with EURUSD reaching for the FVG\C.E[W]
A retest of the FVG[1H] could potentially offer support for price to reach for the SIBI and maybe retest the BSO[W] or reach for the short term high created on Wednesday .
The fact that it is still Thursday and we have a retracement could still offer a bullish move .
The probability is not as high as in a case where the BSL for the WEEK hasn't been met yet
A retest of the FVG[1H] could potentially offer support for price to reach for the SIBI and maybe retest the BSO[W] or reach for the short term high created on Wednesday .
The fact that it is still Thursday and we have a retracement could still offer a bullish move .
The probability is not as high as in a case where the BSL for the WEEK hasn't been met yet
Nota
It is interesting to see price react to the Low of FVG[4H] , find resistance and trade lower in sync with DXY rallying from the anticipated support .watching to see if news driver will serve as catalyst to further push price to the daily objective
Nota
I was pleased to see how the Price traded as anticipated , reaching for the FVG[W] low GBPUSDDXY rallied from the anticipated FVG[1H] that offered support to price making , retesting the Buy side objective Wednesday's high
Aviso legal
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