EURUSD Trading Journal

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EURUSD Trading Journal
Feb 6
Well I was wrong in my analysis. Why. Institutional order flow can be seen when we have low resistance price delivery and watching the bodies of candles not rebalance FVG and price stepping up tipping its hand to higher prices. Great learning day.

Feb 5-note that was incorrect.
"Price is in a discount on the W, however the daily range and previous range is in a premium. There is a key buys stops that if they are hit and price declines we could see price seek lower prices to balance FVG and the 50 level and that will be telling what reaction we get at that level-1.03223"

Price on the weekly came up to just below the 50 level. Will it pass through today I would suspect that maybe we are moving to the institutional seasonal shift where price is looking for higher prices.

Price on the daily in a premium however the previous range is in a discount. Could price come to rebalance the hourly fvg and maybe the sell stops. However if we are in a bull trend then price should not come down that low.

I would like price to take the sell stop liquidity 1.03900 and should turn around looking for higher prices. note equal highs for the target.

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