If Friday’s and Thursday’s highs are swept and we subsequently get bearish displacement/MSS, that would give me much better information for a potential continuation lower.
Price has reacted from the daily key level around 1.14625, giving us a short-term bullish narrative.
Above current price, Friday’s high and Thursday’s high provide clear liquidity objectives. My expectation is that EURUSD could seek those highs before the broader correction resumes.
So the sequence I'm watching is:
Daily level reaction → upside liquidity → sweep of Friday/Thursday highs → bearish confirmation → continuation of the correction.
No need to anticipate the reversal. I'll wait for price to take the liquidity and then let structure confirm what comes next.
The bullish idea is now active. Price reacted from the lower FVG and is showing strength away from the POI. I’m targeting the liquidity sitting above Friday’s and Thursday’s highs.
EURUSD buys are officially running. The reaction from the FVG gave me the opportunity I was waiting for, with clear liquidity resting above current price.
My EURUSD execution is simple: price reacted from the daily key level, respected the lower-timeframe FVG and gave me an opportunity to participate in the move toward external liquidity.
The EURUSD narrative hasn't changed. I'm expecting price to attack the highs above before I start looking seriously at the possibility of the larger correction resuming.
For now, I'm positioned long.
Entry: 1.14791 | SL: 1.14709 | TP: 1.14982
Friday's high is the first liquidity objective, followed by Thursday's high.
The daily key level produced the reaction, the lower-timeframe FVG provided my POI, and liquidity above Friday's and Thursday's highs gives price a logical upside objective.
Entry: 1.14791
Stop Loss: 1.14709
Take Profit: 1.14982
The idea is straightforward: trade toward the liquidity, then reassess once that liquidity is taken.
I won't chase eurusd buy or sells right now because price is still ranging, rather I will wait for price to break either above or below, then retest for me to take a trade I can't chase price untill the actual direction is clear
Am looking at yield price, dxy and also euro basket, to know what will happen next on Eurusd, but no clear direction now on lower timeframe like 1hour to 15min
Price has broken below the previous internal low, giving me a bearish BOS. I'm now looking for a retracement into the marked POI before continuation toward the weak low.
EURUSD has given me the bearish confirmation I wanted. The previous low has been taken and structure has shifted lower. Now I'm interested in selling the retracement rather than chasing price.
My EURUSD narrative has changed. Price breaking the internal low is my cue to focus on sells, with the weak low below providing the liquidity objective.
EURUSD has already displaced below structure. I'm expecting price to retrace into the supply/POI around 1.14806, mitigate the area and potentially continue lower.
I'm not selling EURUSD at the current low. Price has already expanded bearish, so patience is important here. I want the retracement back into my POI before getting involved.
The liquidity picture on EURUSD is interesting. Structure has broken to the downside while a weak low sits around 1.14336. That's currently my draw on liquidity.
