EURUSD Buy Idea
Why am I bullish on 
EURUSD as we approach NFP release? Well, lets analyse the weekly candle expansion. As depicted, price swept the previous week's high during the accumulation phase and shifted the market structure bearish, creating a change of character. During Manipulation, we saw price react from the 50% of the accumulation range making the bearish bias valid. Distribution delivered to the downside as expected and now we almost tapping a significant POI (weekly imbalance). We are anticipating a reversal because bears are now exhausted, so a long projection. Buy!
EURUSD as we approach NFP release? Well, lets analyse the weekly candle expansion. As depicted, price swept the previous week's high during the accumulation phase and shifted the market structure bearish, creating a change of character. During Manipulation, we saw price react from the 50% of the accumulation range making the bearish bias valid. Distribution delivered to the downside as expected and now we almost tapping a significant POI (weekly imbalance). We are anticipating a reversal because bears are now exhausted, so a long projection. Buy!Note
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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.