MATRIXPIP FX π°
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π EURUSD TRADE UPDATE
(I am lazy to do this trade update these days π)
Trade 1 - 1234M (aligns with the analysis I shared). It hit full TP.
Trade 2 - 1234M (also aligns with the analysis). It hit full TP but I have trade still running.
https://s3.tradingview.com/snapshots/w/wdjQWNHL.png
π΅ EURUSD ANALYSIS
1.
15m Swing is bearish but the internal is bullish.
I will look for buy if price taps into either of the
Demand levels.
2.
Price swept daily external liquidity/PWH and price is
expected to go down.
I will look for sell within the Supply level and expect
price to at least clear the AL.
Have a PIPTASTIC trading week.
https://s3.tradingview.com/snapshots/k/KuLc8kGe.png
Good morning traders, hope you had a good weekend.
Happy New Month. I hope this new month brings us great blessings beyond our imagination.
For those of you looking for where the sell came from. I have always added in my analysis "After a BOS, price is expected to retrace before it continues in the direction of the broken structure." -That's exactly what's at play here.
The level failed because it is HTF (4h) liquidity level.
https://s3.tradingview.com/snapshots/2/2L9I3ng2.png
Price is currently at the level. Watch how it reacts. Are we going to see a sweep or a clear break above the level?
I pointed out the one above it two days again. Will price get there today? If so, will it hold?
Study it, mark it and watch how price behaves if/when price reaches the level. This is the only way to learn and trust your setup.
Lastly, the 5th potential 1234M EU sell on 1hr chart is forming. Study it. It does not mean it will playout or not but it will be good to mark it up and see how it plays out. Combining that with HTF analysis will help.
We had the same pattern played out for the sell that led to the buy. Philosophical? That means we had a major 1234M sell and another one inside of the major one - still philosophical, I know. But the hardworking among you will figure it out.
That is 4 huge opportunities within 3 days.
Check the 1hr EU, there's a buy 1234M that played out. Another one inside of that is currently playing out. I personally took this.
I hope you see the 1234M on EU 15m and probably profited or are profiting from it?
