hello traders,
my set up for eurusd is a sell, price reacted at a higher time frame point of interest which is a supply zone(the large red rectangle)
price swept liquidity at the high with a wick, then reversed to break the previous demand, this is a change of character of price from bullish to bearish(note set ups like these on your chart).
now all I'm waiting for is price to reverse into the flip(which is a supply zone with high probability)and give me a bearish confirmation or i wait for price to get to the supply at the extreme and get a bearish confirmation
Traders remember every week will not be as the previous week, you can always get better as the weeks go bye, all you have to do is study more be disciplined and diligent..
i wish you a great week..
RISK MANAGEMENT IS KEY IN THIS MARKET
my set up for eurusd is a sell, price reacted at a higher time frame point of interest which is a supply zone(the large red rectangle)
price swept liquidity at the high with a wick, then reversed to break the previous demand, this is a change of character of price from bullish to bearish(note set ups like these on your chart).
now all I'm waiting for is price to reverse into the flip(which is a supply zone with high probability)and give me a bearish confirmation or i wait for price to get to the supply at the extreme and get a bearish confirmation
Traders remember every week will not be as the previous week, you can always get better as the weeks go bye, all you have to do is study more be disciplined and diligent..
i wish you a great week..
RISK MANAGEMENT IS KEY IN THIS MARKET