EURUSD: Buyers Are Drowning 🏊

Buyers are taking a real beating, they keep buying but the dollar keeps pumping.

At some point the market will need to give them a sign of relief.

Since we have swept the liquidity below this zone and tapped into a mayor order block, we may begin to see slight relief here.

BUT

Don't think that a bullish candle means a reversal! This is what they will want you to believe.

I am expecting a buy lure followed by a strong sweep before price moves in the intended direction.

Something similar to what I have illustrated.

Of course, this is a long term play and will require lots and lots of patience and trade preparation.

הערה:

We may begin to see rejections on this buy zone shortly.