DAILY TRADE SETUP

That zone is a good reaction zone , just waiting for the last 4hr candles to close as a bullish candle, to really get the reaction am looking for

It has closed bullish check it out

By war yes, but from the fundamentals now, dxy is getting weak so gold can start seeing some upside due to the fact that investors would anticipate fed rate cute due to cpi performance which was bad inflation is rapidly falling, so there's no need to continue investing on a save heaven that won't give more yield instead there will want to invest on riskier assets, but sincerely I don't know which one will be prioritised if it's the fear, or dollar weakness, by fear that is the war if they will want to invest on dollar despite the weak cpi data due to war or they will over look the war and invest on gold due to dollar weakness so one must happen it's to look at the technical and continuous fundamentals data, if gold starts making higher lows to higher highs

This what we all see 👀 I don't know why is still rugging

From another view risk sentiment is still there, dollar is weak fundamentally but risky assets have not start appreciating yet

That what I noticed

That what I noticed

For EU if price doesn't get to that reaction level I won't trade it

Gold is showing weakness, looking for a good zone to scalp but on it

Patient is trading

Price is at the reaction zone now, but wants price to react properly at that level, it's looking as if the reaction will be invalidated

Sharp

Price did play out as expected so I didn't buy again just decided to stay flat but my invalidation level is still intact @ 1.14114

That a very good choice opportunity is made in waiting

Before trading a currency pair, you need to know what is happening globally, looking at EURUSD in a normal order was supposed to buy, but the global market trigger right now is fear, investors are scared due to the escalating war, dollar is weak fundamentally yet not change in the EU trend, it actually explains one thing that fear still rules, so my trade plan is:

EU should break below the new week opening gap , so that zone will become a strong resistance for me to take sells from if price reacts and break above the recent session, high I will still consider the bullish trial with minimal risk

You're right it was supposed to buy, but as it changed direction, it was also signalled and clear from structure that the sellers had started protecting the highs

Before trading a currency pair, you need to know what is happening globally, looking at EURUSD in a normal order was supposed to buy, but the global market trigger right now is fear, investors are scared due to the escalating war, dollar is weak fundamentally yet not change in the EU trend, it actually explains one thing that fear still rules, so my trade plan is:

EU should break below the new week opening gap , so that zone will become a strong resistance for me to take sells from if price reacts and break above the recent session, high I will still consider the bullish trial with minimal risk

I will just wait for price to close below the new week opening gap, by 5pm I will see if the sells will work today or if I should leave till tomorrow