EURUSD Outlook 6/5

Bearish on EU this week. I would like to see price reject off this 4H balanced price range and keep falling. In a nutshell I am expecting the high of last week to hold, and the low to be violated. Relevant POIs are annotated on the chart.

This is in line with my expectations of strength on the inversely correlated DXY index.

Kommentera:

short on EU dont love trading mondays but its in the POI so justified. looking for bearish reaction off the 4H BPR. news spike has already played out, alot of buyers expecting higher prices have their stop losses below the news low.

Looking for the 15M BPR to hold.

Kommentera:

wanted to see more weakness today with price leaving a wick. Considering closing for a partial loss.

Kommentera:

Nah, sticking it out, ill take my medicine if that's what the market prescribes.

Kommentera:

taken out, I still like early shorts for now

Kommentera:

Stop trading mondays, doesn't matter if the analysis is accurate if the price action can't' be traded with your approach.

Kommentera:

looking to get tapped in.

Kommentera:

No dice.

Kommentera:

leavign orders a little longer to see if price returns to 1H FVG.

Kommentera:

I have a limit sell here at the 1H FVG. leaving open during asia/ldn

Kommentera:

tapped in

Kommentera:

taken out. Not my best week, market conditions aren't favoring my approach, considering suspending trading till next tuesday.

Kommentera:

long on EU

Kommentera:

taken out BE.