EURUSD potential Forecast POST NFP | 7th November 2022
Hi there guys,
I mainly use ICT + Smart Money Concepts for my trading.
Analysis
- Last week due to the release of NFP data, price tapped into the H4 Demand zone before bouncing up with price currently trading at 0.99589 at time of writing.
- I also noted out the Fair Value Gaps & buyside liquidity areas.
Idea
I'm pretty neutral on price at the moment and currently looking out for price to head to 2 possible areas for the beginning of next week.
Long: To the H4 FVG at 1.00440
Short: To the H4 FVG at 0.98510
For entries, always use confirmations on the smaller timeframes! Stay safe trading!
Feel free to follow me, comment + boost this post if you guys enjoyed this!
Regards,
Chen Yongjin
I mainly use ICT + Smart Money Concepts for my trading.
Analysis
- Last week due to the release of NFP data, price tapped into the H4 Demand zone before bouncing up with price currently trading at 0.99589 at time of writing.
- I also noted out the Fair Value Gaps & buyside liquidity areas.
Idea
I'm pretty neutral on price at the moment and currently looking out for price to head to 2 possible areas for the beginning of next week.
Long: To the H4 FVG at 1.00440
Short: To the H4 FVG at 0.98510
For entries, always use confirmations on the smaller timeframes! Stay safe trading!
Feel free to follow me, comment + boost this post if you guys enjoyed this!
Regards,
Chen Yongjin
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.