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AlkalineFX
Dec 4, 2020 8:40 PM

EURUSD - The Trend Never Ends Short

Euro Fx/U.S. DollarFXCM

Description

Don't try and create an ending point in your head for when you think a trend will finish, this will only cause you more pain. It is very unlikely price will leave the station without grabbing liquidity/orders from its highs, expect a push up into prior highs before a huge sell-off, if there is one. I will be looking for short intra-day buys next week and will keep you updated on the progress.

Retail is selling this pair hard at 71%, banks love to mess around with retail, don't get caught in the traps.
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