If EURUSD cannot break out and close above this range,the one weve been in for 100+ days; i think it will finally crack to the downside and open us up to a big short opportunity.
Taking short position at OTE of last swing, targeting 1.10xx
Pay-tience with this one
Taking short position at OTE of last swing, targeting 1.10xx
Pay-tience with this one
Note
Were deep in the pips now boys, i do not think the bottom of this range has any more demand, probability wise i think it will break rather easily. FA supporting the move down with EU recession talk and USD strengthNote
Back at the range lows, according to Oanda - 65% of retail is long in this area, after 5 tests of this level, i think it breaks
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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.