Understand Session to Session Behavior🏺EurUsd
1.It's early in the week 2. Alot of volatility already this week for EurUsd 3. Daily candle closed with no bottom wick denoting exhaustion 4. Asian session continuation to the downside here coinciding with daily support level 1.04627
0:0 Monthly timeframe
2:47 Weekly timeframe
4:51 Daily timeframe
6:52 15m timeframe
8:04 4hr timeframe
8:52 1hr timeframe
We moved down quite a bit today! Took some sells during NY session and jumped on the train to the downside. Is it a surprise that Asian session has continued that descent? We are at almost 2x ATR for EurUsd regarding the volatility today. London Session usually does some fakeout behavior and will likely retrace to gather some liquidity here.. There is always fomo liquidity in the market and my trading system depends on it.
0:0 Monthly timeframe
2:47 Weekly timeframe
4:51 Daily timeframe
6:52 15m timeframe
8:04 4hr timeframe
8:52 1hr timeframe
We moved down quite a bit today! Took some sells during NY session and jumped on the train to the downside. Is it a surprise that Asian session has continued that descent? We are at almost 2x ATR for EurUsd regarding the volatility today. London Session usually does some fakeout behavior and will likely retrace to gather some liquidity here.. There is always fomo liquidity in the market and my trading system depends on it.
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