I decided to stay away from EURUSD last week, and I’m happy with that call. I now count two fake-out moves, one on a close above 1.1430 and the other last week, when price closed below 1.1300.
Ouch.
Either you attempt the trade the shared pair inside this range, or wait for a breakout and retest, with an example shown above (if the breakout happens to be to the upside). I suggest waiting.
Ouch.
Either you attempt the trade the shared pair inside this range, or wait for a breakout and retest, with an example shown above (if the breakout happens to be to the upside). I suggest waiting.