EURUSD outlook

The sells from that supply zone, is really going to be a good one. let it invalidate this bullish channel first

EURUSD- Will love to see this weekly candle close below or trade below last week's low. That will be more convincing for more sells next week.

yeah price traded into a weekly key level, so price is bound to sell from there

That daily or weekly supply level is actually a good region, but still we should wait for the sells first and don't rush, because price is trying to be tricky around that region, just hoping it will take out internal range liquidity before dropping lower

Price looks bearish to me from there that's why i took the sells

It's the daily that's bearish for me. The 4hr is still bullish until the 4hr channel is invalidated.

Monday markets are best for observations. It's best to be patient for the sell to fully setup, before joining.

The 4hr timeframe still have a protected low it's just to wait for the lows to be taken then we sell on pullbacks

That low is not protected because it didn't sweep liquidity before breaking higher

The sells will set in soon but all we need to do is watch for liquidity sweep, especially as the present trading region before price drops

There's no protected low on the 4h timeframe

Liquidity sweep where

The sells from that supply zone, is really going to be a good one. let it invalidate this bullish channel first

Since I haven't seen any liquidity sweep yet I will wait for price to break below the lows properly for me to sell from 4hrs

I can't trade those sells because price has not

1. Swept liquidity above those highs

2. Break below a key structure level

Am not seeing any signal, no liquidity sweep no trade , that's my plan and am not going against the plan

My reason for taking the sell is because price is reacting from a daily supply zone and price is protecting the highs on the lower timeframe. It will all start from the lower timeframe then to the higher timeframe. Remember price is fractal

Am not saying that the low swept liquidity all am saying is that it is still protected as long as price has not broken below it, so if price doesn't break below it am not selling

What about the low I marked has it been broken?

The circled area was the anticipated level