Potential short term Bearish order flow on EURUSD

24 ส.ค. 2023

Although we have seen price reach for the Buy Sided objective for the week BSO[W} for DXY , which was in sync with EURUSD reaching for the FVG\C.E[W]
A retest of the FVG[1H] could potentially offer support for price to reach for the SIBI and maybe retest the BSO[W] or reach for the short term high created on Wednesday .

The fact that it is still Thursday and we have a retracement could still offer a bullish move .

The probability is not as high as in a case where the BSL for the WEEK hasn't been met yet

24 ส.ค. 2023

บันทึก

It is interesting to see price react to the Low of FVG[4H] , find resistance and trade lower in sync with DXY rallying from the anticipated support .

watching to see if news driver will serve as catalyst to further push price to the daily objective

25 ส.ค. 2023

บันทึก

I was pleased to see how the Price traded as anticipated , reaching for the FVG[W] low GBPUSD

DXY rallied from the anticipated FVG[1H] that offered support to price making , retesting the Buy side objective Wednesday's high