Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
thank you for your video, i took 100pips profit form this erucad pair, what do u think is next~? will it go back 1.47 to have a short again~?i am also waiting for it~ and, how can have the date which tell the long short position in the video~? thank you so much
transparent-fx
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@tak923, its very important to have a strategy with clear rules, if you are asking me
transparent-fx
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it means that you don't have a clear rule based strategy, otherwise, you would already know what will be your next move @tak923,
I personally think the market is bringing in as many bears as possible to start a bear trap and the trend is going to head down but the unsuspected people will go short as soon as the bear trap is activated and SL starts to get hit the bulls will start jumping in and then it will be a bull trap after that continuation will go down fundamentally not technically. I personally think in my opinion it’s a classic Forex move that I’ve seen in my small four years I’ve been involved.