#EUR 4.17 Euro order analysis
From the daily chart, we can see that the price has been blocked by this area. And it has been falling for 5 days. And there is a huge gap above. The gap is like a magnet and a propeller, attracting the price and pushing the price.
So we see that the price has extracted liquidity from the bottom again.
In today's European session, we saw that the price extracted liquidity from the bottom, which is a potential false breakthrough, and then we saw the price move up quickly. Here we think it is an idm. That is, a short trap.
Since it is a trap, we have to pay attention to the fact that the price will not come down, that is, the price will not let those who fall into the trap out. So we cover the OB here and enter the market to do more. The take profit is placed at the bottom of the 5-minute fvg. That is, if the price does not respect this FVG, then our false breakthrough, idm logic is all wrong. We put the take profit at the high point above, which is BSL. This is my logic for going long on the euro. Very beautiful price behavior