Hello guys one setup that I'm looking for today is on EURUSD.
A couple of confluences I have for this trade is that
1. Overall the order flow is bullish. (For the time being)
2. There is liquidity resting below the indicated lows on the chart
3. There is a 5min clear order block
4. Psychological level at 1.06500
5. There are unmitigated targets to the upside.
Overall, once we broke the structure the Order Block has been unmitigated and never really came to test that particular point, with the liquidity resting under the equal lows indicates that we can see a nice move towards the upside.
This is not financial advice :)
Trade safely, and always protect your capital.
A couple of confluences I have for this trade is that
1. Overall the order flow is bullish. (For the time being)
2. There is liquidity resting below the indicated lows on the chart
3. There is a 5min clear order block
4. Psychological level at 1.06500
5. There are unmitigated targets to the upside.
Overall, once we broke the structure the Order Block has been unmitigated and never really came to test that particular point, with the liquidity resting under the equal lows indicates that we can see a nice move towards the upside.
This is not financial advice :)
Trade safely, and always protect your capital.