EURUSD Outlook 5/29

29 במאי 2023

DXY bias is bullish so i am expecting weakness in EU.

NFP week so things can get shiesty on Friday. Still expecting NFP to be ultimately bearish.

HTF Bearish objective is sellside liquidity around 1.06271, which is 1 standard deviation of all the trading above the February open price mirrored to the downside.

All other relevant POIs are annotated on the chart.

30 במאי 2023

הערה

im short on EU with the expectation that the current 12H candle will not close above the most recent 12H bearish orderblock.

30 במאי 2023

הערה

going break even

30 במאי 2023

הערה

the 12H is turning into a rejection candle below the OB as anticipated. this is encouraging. 4 hours or so till it closes.

30 במאי 2023

הערה

dont love this development. holding till taken out at break even

30 במאי 2023

הערה

giving it room.

31 במאי 2023

הערה

TP1 hit on EU. holding for TP2.

31 במאי 2023

הערה

closed the rest manually here. something else seems to be developing

31 במאי 2023

הערה

im switching long on EU.

31 במאי 2023

הערה

market might have got the best of me today.

2 ביוני 2023

הערה

done with currencies for the week as stated but this is a forward test position.

2 ביוני 2023

הערה

would be tapped in here if I was entering live.

2 ביוני 2023

הערה

would have been stopped out. done demo trading NFP

2 ביוני 2023

הערה

Lol you raggedy *****

2 ביוני 2023

הערה

My interpretation of EURUSD's NFP liquidity inducement and capture.