on europound we have a nice potential opportunity to sell the market. As you see the market is very bearish, after it reached 0.862 level, we see a steady retracement. Now we are approaching a decent level of resistance looking left.
Also, the marker coils in a rising wedge pattern. I will be looking for a bearish violation of its support line to sell the market.
On the chart above, I highlighted a decision zone for you. We need a decent violation of this zone for a breakout confirmation.
why eur so bullish ?
*scared*