Euro / U.S. Dollar
Long
Updated

EURUSD (4H) : Trapped sellers => LONG trade!

286
Sellers are trapped in the zone as shown on EURUSD 4H
DXY has already started moving down, confirming the UP direction in EURUSD.
When price comes back to them, they would need an exit - giving us a LONG trade!
Trade active
snapshot

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.