EURUSD Outlook 5/13

Atualizado
EURUSD traded into an orderblock from 2016. We have been in freefall but I am expecting price to move away form this zone to at least test 4hr structure and fill some imbalances above.

This is in confluence with DXY perspective and expected dollar weakness. A new low would invalidate this idea. Will be monitoring price early in the week to see how it reacts when it trades into 5 min demand.
Nota
captura

Took a quick short targeting asia low for a 1:5 RR
Trade ativo
captura

Stop loss moved
Nota
captura

secondary position added to trade
Trade ativo
captura

Stop moved to profit
Nota
captura

Taking first profits as price approaches the imbalance, just over 1:3. Remainder to run to asia low.
Trade ativo
captura

Added to position
Nota
captura

Update
Trade fechado manualmente
captura

Trade closed. for a total R:R from initial 1% risk of 1:9.
Nota
Posting final screenshot before deleting from chart captura
Nota
captura
captura

15min and 1hr trade perspective.
Nota
captura

Trade idea
Nota
captura

Trade active
Trade fechado: stop atingido
Trade ativo
captura

Trade entered after NY took liquidity form LDN and AZN and formed 1 min doji.
Nota
captura TP1 hit with 85% of orders taken off table. Remainder to continue to HTF demand
Nota
captura

Big reaction from my take profit area, looks like price may continue to final TP, however this was a great 1st TP area.
Nota
captura

Trade closed. 1:6.3 RR. Realized RR after partial TPs 1:5.28.
Trade fechado: objetivo atingido
Trade closed. Multi-timeframe snapshots.
captura
captura
captura
captura
Nota
captura

Trade idea
Trade ativo
captura

Trade active
Trade fechado: stop atingido
Trade ativo
Last entry was liquidity, Trying again captura
Trade ativo
Choppy ass mitigation, likely entered too early. But it appears like it will hold. captura
Nota
captura

JFC finally.
Nota
Original entry was premature. The goal is not to be early, but to be the first late person. This is how you should have entered. captura
Trade ativo
captura

SL to BE
EURUSDTrend Analysis

Let the algo show you its hand.
Também em:

Aviso legal