EURUSD is in a well defined trading range, entering an accumulation phase back in November. It is due for breakout. Until that time, the range play of trading the extremes works well. Wait until price reaches the extreme, and execute.
Caution: Let price indicate which extreme it wants to go to before entering a trade.
There is an opportunity to buy... then sell here. The sell is the higher probability trade, though.
Be careful, traders.
Caution: Let price indicate which extreme it wants to go to before entering a trade.
There is an opportunity to buy... then sell here. The sell is the higher probability trade, though.
Be careful, traders.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.