EURUSD HTF Liquidity Grab
This is the rest of the details for framing up the charts and my current idea of this high timeframe liquidity grab.
https://www.tradingview.com/chart/EURUSD/wN75gbJA-EURUSD-Pulling-Back-the-HTF-Slingshot/
Current reaccumulation almost complete.
The red zone must be broken for the creek to be considered broken. Once broken, we will look to catch the LPS and continue to trade higher.
Note:
Reaccumulations usually look like distributions up until the market jumps the creek. I am biased to my direction due to the higher timeframe perspective.
If the red supply zone "holds" in the creek, we may consider it a distribution pattern and flip our bias to the sell side.
Stay Flexible!
✅ Like if you like!
✅ Comment your thoughts!
✅ Follow me here to see more ideas as things develop!
~Blessed Trading~
https://www.tradingview.com/chart/EURUSD/wN75gbJA-EURUSD-Pulling-Back-the-HTF-Slingshot/
Current reaccumulation almost complete.
The red zone must be broken for the creek to be considered broken. Once broken, we will look to catch the LPS and continue to trade higher.
Note:
Reaccumulations usually look like distributions up until the market jumps the creek. I am biased to my direction due to the higher timeframe perspective.
If the red supply zone "holds" in the creek, we may consider it a distribution pattern and flip our bias to the sell side.
Stay Flexible!
✅ Like if you like!
✅ Comment your thoughts!
✅ Follow me here to see more ideas as things develop!
~Blessed Trading~
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