EURUSD potential Forecast after FOMC | 3rd November 2022

Hi there guys,

I mainly use ICT + Smart Money Concepts for my trading.

Analysis
Price experienced massive votality overnight as a result of the FOMC news release, with price grabbing liquidity from BOTH the previous daily high and low before continuing its bearish momentum downwards.

Idea
Price is expected to test the H1 Fair Value Gap before continuing to fall towards the H4 Demand zone at 0.97775.

For entries, always use confirmations on the smaller timeframes! Stay safe trading!

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Regards,
Chen Yongjin

הערה:

Price has tapped into the Fair Value Gap and is currently heading towards the H4 Demand zone

עסקה סגורה: היעד הושג:

Price has hit the final target

הערה:

New idea posted for today! 4th November 2022

הערה: