DogeStonks

EURUSD potential Forecast | Monday 16th January 2023

Long
OANDA:EURUSD   Euro / Dollar Américain
Hi there guys,

I mainly use ICT Concepts for my trading.

Here's a trade idea for next week, Monday, 16th January 2023.

Idea
I have a weekly expansion bias for price to move towards the 1.09446 area, where the 50% Fibonacci line on the weekly time frame is it which coincides with the relative equal highs / liquidity hotspot area.

Abbreviations
BSLQ : Buyside Liquidity
SSLQ : Sellside Liquidity
FVG : Fair Value Gap
MSS: Market Structure Shift

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

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