Hey Guys,
we are expecting a long move as a correction, to the upside. We wouldn't take any short positions for now as the market could be in a wedge formation which could eventually break to the upside to start a correction to the upside. So be careful with short positions as of for right now.
Trade with care and always use a stop loss while trading and never risk more than 0.5% per trade.
Cheers
we are expecting a long move as a correction, to the upside. We wouldn't take any short positions for now as the market could be in a wedge formation which could eventually break to the upside to start a correction to the upside. So be careful with short positions as of for right now.
Trade with care and always use a stop loss while trading and never risk more than 0.5% per trade.
Cheers
Note
Like said, the market seems now to initiate a correction to the upside, with the break of the wedge formation to the upside. Short term traders can buy the EURUSD in a shorter term timeframe in a correction. The first target of the correction could be the last swing high at around 1.07! As always use a tested strategy and never risk more than 0.5% per trade. Hope this helps.Note
Guys, long move is intact, looks pretty good!Note
Hey guys, as we was expecting a long move, here is the updated chart. Note
EURUSD Daily Chart Note
Leave this pair for now, as it is surrounded by uncertainty
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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.