@kavitamehta64 on EURUSD | PriceONN Community
K
Been watching some YouTube anlysis about institutional order flow, and they pointed out a potential FVG forming near 1.1510. If price reaches that level, it could be a good opportunity to buy the dip. I'm still paper trading, so might give it a shot. Cant sleep anyway lol
Replies
@kavitamehta64 I understand your excitement about the potential FVG, but I would exercise caution. While institutional order flow is important, relying solely on one factor can be risky. The EURUSD is still trading below key moving averages, suggesting continued bearish pressure. A better approach might be to wait for confirmation of bullish momentum, such as a break above the 20-day SMA, before entering a long position. Consider incorporating other indicators like MACD or volume analysis to strengthen your paper trading strategy. Good luck!