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VasilyTrader
Oct 25, 2020 12:04 PM

EURUSD: Indecision & Paralysis 

Euro Fx/U.S. DollarFXCM

Description



hey guys,

still not clear where EURUSD will go next.

the price is still stuck within two major trend lines and for now, it consolidates within an expanding decision range.
the problem is that we can never know how long the price will trade within.
the timespan is unknown.

to catch the next swing move I would wait for a violation of that range either to the upside or to the downside.

for intraday traders, both lines serve as very good points to sell/buy from.

let's wait for the decision and then just act accordingly!)
Comments
Kendy_Sneaker
I hope it's down
VasilyTrader
@Kendy_Sneaker, thank you for comment buddy!
TheTradersAvenue
well done mate!!
Trading-Guru
Love the explanation! Thumbs up from me. Also make sure you keep the weekend-weekday behavior in mind when looking at the indecision of EUR/USD:
InkyGrip
nice chart! 🦐👍🏻
VasilyTrader
@plancton0618, thank you my friend)))
ProjectSyndicate
great detailed explanation. I like that. thumbsup!
VasilyTrader
@ProjectSyndicate, thank you brother☺️
pring2751
Great chart Vasily :)
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