Euro / Dollar AméricainMis à jour EURUSD: Buyers Are Drowning 🏊
Buyers are taking a real beating, they keep buying but the dollar keeps pumping.
At some point the market will need to give them a sign of relief.
Since we have swept the liquidity below this zone and tapped into a mayor order block, we may begin to see slight relief here.
BUT
Don't think that a bullish candle means a reversal! This is what they will want you to believe.
I am expecting a buy lure followed by a strong sweep before price moves in the intended direction.
Something similar to what I have illustrated.
Of course, this is a long term play and will require lots and lots of patience and trade preparation.
At some point the market will need to give them a sign of relief.
Since we have swept the liquidity below this zone and tapped into a mayor order block, we may begin to see slight relief here.
BUT
Don't think that a bullish candle means a reversal! This is what they will want you to believe.
I am expecting a buy lure followed by a strong sweep before price moves in the intended direction.
Something similar to what I have illustrated.
Of course, this is a long term play and will require lots and lots of patience and trade preparation.
Note
We may begin to see rejections on this buy zone shortly.
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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.