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ThePhoenicx

EURUSD Weekly Analysis and Directional Bias

Euro / Dollar Américain (OANDA:EURUSD)  
ThePhoenicx  
OANDA:EURUSD   Euro / Dollar Américain
Trend Analysis Chart Patterns instituionalrading ict orderblocks AMD powerofthree Technical Analysis forextrading
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trendanalysis chartpattern instituionalrading ict orderblocks amd powerofthree technicalanalysis forextrading
EU has been consolidating for quite a while now but now seems to breakingout to possibly continue it's downward trend have swept buyside liquidity on the Weekly and Daily TFs. The pattern drawn out is that of AMD (Accumulation, Manipulation, DIstribution - ICT's Power Of Three. And so my anticipation is that peice will continue bullish as a retracement into the weekly candle then continue down as structure has been broken to the downside already and this will complete the AMD pattern. So if looking for buys, will do so cautiously.
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