Its friday. EURUSD is bearish long term due to crumbling EU economy and strong $.
If we want to see a bearish price action next week: - Price must close preferably below previous week high
Short entries above 1.084 targeting previous week high.
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I shorted this bearish engulfing 15m candle after it formed during London after raiding Tokyo highs
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closed 50% @ around 2rr for 1% before news SL now BE
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set TP to 3r @ 1.0816
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ive seen this PA before. Check link
-date Aug 11 Friday 2023 (its also friday today) -p.s. i remember the exact day & price action because i made some good bread that day. -if Aug 11 PA will happen today -Price will reach 1.0807 then bounce retrace for N.Y. wallstreet to enter then waterfall
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will reenter shorts if N.Y. presents a good price.
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taking this 3rr off the market
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targeting previous week high which is also daily low of yesterday.
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N.Y. Short entries
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SL hit previous entry 1st position 1% 2nd 0.5% total daily profit 2.5%