Lya Inés 🌱:

EURO/USD

We observe a buying zone (support) at 1.17608.
Possible liquidation by London in the Asian session on the downside.
Liquidity taking.
Watch for changes in low timeframes in the zone for possible long positions... then look for the high resistance at 1.18187.

The daily trading cycle, or market cycle, represents the recurring sequence of price movements (accumulation, manipulation, distribution, and trend) that occur mainly between the Asian, London, and New York sessions, allowing traders to identify entry and exit opportunities based on price action, generally in 15- to 60-minute time frames. 

Main Components of the Daily Cycle (90 min/Sessions Model)
Accumulation (Asia): The market moves in a narrow range, consolidating orders before the main movement.
Manipulation (London/Pre-NY): A false move occurs in the opposite direction of the main trend to trigger stop-losses and capture liquidity.
Distribution/Trend (London/New York): The price takes the true direction of the day (expansion), moving away from the manipulation zone.
Reversal/Close: The final move of the day, often returning to mid-range levels.

How to Trade the Daily Cycle
Analyze Asia: Observe the accumulation range and the 8-hour candle (approx. 6:00 p.m. - 2:00 a.m. EST).
Identify Manipulation (London): Look for false breakouts above/below the Asian range.
Execution in NY: Look for confirmation of the trend at the New York open, based on the initial movement in London.