If you see my recent ideas, you can see me looking for long positions and nothing else.
The reason I’m staying bullish on the EURUSD because I cannot see any change in major trends
I think the pair will test the demand area on 1.20817-1.20888, before potentially setting the inverse head and shoulders for larger extensions to the upside.
However, on Tuesday or Wednesday if we find the price goes down even below 1.20336-1.20451 we should be careful because it will negate the bullish outlook although it may not be so significant after all.
Always use a stop loss to protect your equity and trading with your own risk.