EURUSD London Open Sell
Mis à jour
I use volume profile (session profile) to show me the areas of lowest volume from the previous session, which is where the price is likely to go before heading off for the day.
Yesterday we had NFP which determined a turn for the Dollar Index DXY, hence EU is doing right the opposite.
Since price likes to go to key levels, an optimal entry would be yesterday's open price (red line) which is also on top of the white lowest volume area.
Once price goes there, it is likely to shoot down, taking the lows of yesterday, at least.
Yesterday we had NFP which determined a turn for the Dollar Index DXY, hence EU is doing right the opposite.
Since price likes to go to key levels, an optimal entry would be yesterday's open price (red line) which is also on top of the white lowest volume area.
Once price goes there, it is likely to shoot down, taking the lows of yesterday, at least.
Note
It did go to the lows of yesterday, today is Bank holiday in the US, very likely EURUSD is going to consolidate all day.Got 11 pips from this
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