EURUSD Sell Setup

Price has been in a consolidating pattern for over a week on EURUSD. Last week (3rd week of January) saw a distribution pattern emerge. We have currently made a HH after a strong bearish impulse to 1.0782.
I would be watching for breaks in structure now as the signal to sell to 1.0603.

*As always, trade cautiously.

交易進行:

I took my sell entry. Would keep watching to manage the trade.

交易進行:

There's going to be a pullback, trade cautiously.

評論:

I might be looking for a buy setup to sell entry in NY session.

交易進行:

I took a buy position to sell entry.

交易進行:

hmmm, there might be a pullback

交易進行:

I would be expecting a pullback into NY session.

交易進行:

Buying...

交易進行:

All trades risk free.

交易進行:

hmmm, this is not good. Price doesnt look like it would break the recent high. I would wait for a 5mins, retest to close the buy positions, and sell.

評論:

This is what I am expecting.

交易進行:

Entered.

交易進行:

I took another entry

交易結束：目標達成:

Tp'd And EURUSD sell is confirmed.

評論:

I would be expecting this price action to preserve the bearish momentum.

評論:

I am waiting for LIQUIDITY to be taken out, then I would sell on BOS lower.

交易進行:

I am monitoring these entries, but I have entered sell positions.

交易進行:

took new entries.

評論:

closed my positions yesterday, SL hit my BE.

評論:

I would be watching for price reversal at this zone.

交易進行:

Price action is making me consider price doing this:

交易進行:

Holding to TP.

交易結束：目標達成:

TP'D. Would be watching for reversal now.

評論:

I am waiting to see if this high would be broken to confirm bullish momentum. Overall, it is still a distribution pattern.

評論:

Currently, I am still watching, but my sell bias is over.

評論:

Last trade setup for the day and hopefully for this sell analysis.

評論:

cancel the last setup

評論:

Good morning

交易進行:

交易結束：目標達成:

My Sell bias for EURUSD is over.