#EURUSD
Hello, everyone! Quite an eventful day in terms of price movement. From the morning, I had a clear goal to continue trading in the direction of the established trend. The equal highs formed in Asia were a bit concerning. The lack of interaction with this liquidity seemed unusual to me, but such situations occur occasionally, and we trade what the market provides. In New York, there was a potential short setup, but I invalidated it for two reasons: 1) the absence of interaction with the Asian high and equal highs, and 2) a long context on all timeframes. The hourly timeframe shifted to a short context, and I would like to continue working in the short direction tomorrow, as there is still a significant amount of untouched liquidity. Local targets are marked on the chart. Short positions are a priority in the morning.
On the daily timeframe, we experienced a reversal movement after covering the imbalance.
Hello, everyone! Quite an eventful day in terms of price movement. From the morning, I had a clear goal to continue trading in the direction of the established trend. The equal highs formed in Asia were a bit concerning. The lack of interaction with this liquidity seemed unusual to me, but such situations occur occasionally, and we trade what the market provides. In New York, there was a potential short setup, but I invalidated it for two reasons: 1) the absence of interaction with the Asian high and equal highs, and 2) a long context on all timeframes. The hourly timeframe shifted to a short context, and I would like to continue working in the short direction tomorrow, as there is still a significant amount of untouched liquidity. Local targets are marked on the chart. Short positions are a priority in the morning.
On the daily timeframe, we experienced a reversal movement after covering the imbalance.