Hello traders 🙌
This is an EUR/USD trade recap. We will break down the entire trade for you below. You can also find a detailed breakdown and useful information in the image.
It's crucial to follow the money. In this case, you can clearly see that the price was moving in an uptrend. We had a few trades, but unfortunately, we couldn't take one due to a large gap, and we missed out on another one.
You can also see a trap where SMC traders tried to sell without paying attention to the bullish trend.
Later, we see a news candle that left a huge imbalance behind it. When the price leaves an imbalance behind after a news candle, we can expect the price to pick up that imbalance.
We see a weakened momentum, which tells us that the price wants to change direction. The price makes a breakout, and then we have an excellent opportunity for a short .
If this trade recap has helped you improve your knowledge, leave a like for more content like this and write us a comment below if you have any questions. 👍
This is an EUR/USD trade recap. We will break down the entire trade for you below. You can also find a detailed breakdown and useful information in the image.
It's crucial to follow the money. In this case, you can clearly see that the price was moving in an uptrend. We had a few trades, but unfortunately, we couldn't take one due to a large gap, and we missed out on another one.
You can also see a trap where SMC traders tried to sell without paying attention to the bullish trend.
Later, we see a news candle that left a huge imbalance behind it. When the price leaves an imbalance behind after a news candle, we can expect the price to pick up that imbalance.
We see a weakened momentum, which tells us that the price wants to change direction. The price makes a breakout, and then we have an excellent opportunity for a short .
If this trade recap has helped you improve your knowledge, leave a like for more content like this and write us a comment below if you have any questions. 👍