EURUSD outlook

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@godspowerdan - 10 hours ago
Quoted - godspowerdan

The trend is your biggest edge.

Trying to sell against a confirmed bullish orderflow usually means trading into institutional buying pressure. Until structure changes, I remain bullish on EURUSD.

Liquidity attracts price.

After breaking out, my expectation is for EURUSD to continue targeting buy-side liquidity resting above recent highs. Markets naturally seek liquidity before delivering the next major move.

A
@asuquokelvin - 9 hours ago
Quoted - godspowerdan

The trend is your biggest edge.

Trying to sell against a confirmed bullish orderflow usually means trading into institutional buying pressure. Until structure changes, I remain bullish on EURUSD.

Am on EU buy but although Eurgbp is selling which implies GBP is stronger to buy but it's at a very significant resistance level, so I decided to go for EU instead because EUR might strengthen a little, what goes down must surely come up and what goes up must surely come down, so that's it🤣

G
@godspowerdan - 9 hours ago
Quoted - godspowerdan

Exactly 😂

What goes up must come down and vice versa. I've placed my limit on EURUSD

Every retracement isn't a reversal.

A healthy bullish trend is built on impulsive moves followed by controlled pullbacks. I'll be watching for retracements into demand rather than chasing price.

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@godspowerdan - 9 hours ago
Quoted - godspowerdan

Every retracement isn't a reversal.

A healthy bullish trend is built on impulsive moves followed by controlled pullbacks. I'll be watching for retracements into demand rather than chasing price.

The bullish flag has served its purpose.

Consolidation created balance. The breakout signals that buyers have regained control. Now it's about seeing whether momentum can sustain toward higher objectives.

G
@godspowerdan - 9 hours ago
Quoted - godspowerdan

The bullish flag has served its purpose.

Consolidation created balance. The breakout signals that buyers have regained control. Now it's about seeing whether momentum can sustain toward higher objectives.

Structure tells the story.

Higher highs. Higher lows. Bullish breakout.

That's enough evidence for me to maintain a bullish bias until price proves otherwise.

G
@godspowerdan - 9 hours ago
Quoted - godspowerdan

Structure tells the story.

Higher highs. Higher lows. Bullish breakout.

That's enough evidence for me to maintain a bullish bias until price proves otherwise.

Today's question isn't whether EURUSD can move higher.

The real question is whether buyers can defend the breakout. If they do, continuation toward the next liquidity pool becomes increasingly likely.

G
@godspowerdan - 9 hours ago
Quoted - godspowerdan

Today's question isn't whether EURUSD can move higher.

The real question is whether buyers can defend the breakout. If they do, continuation toward the next liquidity pool becomes increasingly likely.

Bullish orderflow remains intact.

Until we see a clean break of bullish structure and sustained selling pressure, every pullback is simply a retracement within the existing trend.

A
@asuquokelvin - 9 hours ago
Quoted - godspowerdan

Exactly 😂

What goes up must come down and vice versa. I've placed my limit on EURUSD

My trade is currently on drawdown , it's a long term so I will hold, just expecting much from fundamentals

A
@asuquokelvin - 9 hours ago
Quoted - godspowerdan

I'll wait for deeper retracement before buying

I entered already, didn't even consider the retracement because my entry was from a higher timeframe, and I will hold till tp or sl

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@asuquokelvin - 7 hours ago
Quoted - godspowerdan

This is brave oh

The timeframe is big for me sha

I used 3 single confirmation to take that trade I don't really need noise that's why I did that

G
@godspowerdan - 4 hours ago
Quoted - asuquokelvin

I used 3 single confirmation to take that trade I don't really need noise that's why I did that

Yeah right

Actually much isn't needed to confirm a trade. It takes mastery to gain that

A
@asuquokelvin - 4 hours ago
Quoted - godspowerdan

I had to get in as it retested that flag again

That's good poi, although price has started showing some weakness

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@asuquokelvin - 4 hours ago
Quoted - godspowerdan

Yeah right

Actually much isn't needed to confirm a trade. It takes mastery to gain that

Using indicators and other drawings and the rest can just get you confused, the best is just use your pd-array as reaction levels base on what you trade considering the dominant trend

A
@asuquokelvin - 3 hours ago
Quoted - godspowerdan

The weakness is temporal. Price will still push up

Price is showing bearish structure,but I am looking at the long term bullish defense at 12hr

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