In yesterday's analysis, I expected EU to reject from the 1.2026 support level with strong bounce towards the upside, which was exactly what the market performed. In today's trading session, I will be focusing on short-term buying opportunities with 1.2140 as the initial target. Be aware that we could expect some range bound condition between 1.2060 - 1.2140 areas. Do not forget the overall trend on the higher timeframe remains bullish.
Recently I've been receiving a lot of DMs regarding 'when to buy OR sell'. It is important to know that TV is a healthy and educational community, not a platform for you to look for signals or a definite answer. The only way you can become a consistently profitable trader is to improve your knowledge, no short-cut. Authors here are contributing for the sole purpose of improving the community and help new traders with clearer perspectives in the markets, not spoon feeding you. Have an open mindset, keep striving, keep learning.
"I feared boredom and mediocrity much more than I feared failure." - Ray Dalio
Trade safe.
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