EURUSD potential Forecast | Tuesday 22nd November 2022

Hi there guys,

I mainly use ICT + Smart Money Concepts for my trading.

Here's a trade idea for the beginning of this week, Monday, November 21st, 2022.

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

Analysis
- Nice order flow on the 1hr chart
- 2 MSS in a row confirming the shift in market
- 1hr FVG mitigated
- 4hrs Breaker Line
- 50% Fibonacci line

Idea
Expecting price to possibly continue it's bearish momentum into the 1.02088 discount area where the 50% Fibonacci line and 4hrs Breaker line are located.

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