Hello traders
Im seeing that many friends are thinking about bullish signals because of a break in downtrend channel. I know this can be happen but its not a strong confirmation. I believe Sellers are still in the market and they are searching for a reason for dropping the price. So Im still looking for Sell positions but certainly I would trade with a price confirmation for safety reasons.
Dont forget Fundamental Events are against the EUR.
Im seeing that many friends are thinking about bullish signals because of a break in downtrend channel. I know this can be happen but its not a strong confirmation. I believe Sellers are still in the market and they are searching for a reason for dropping the price. So Im still looking for Sell positions but certainly I would trade with a price confirmation for safety reasons.
Dont forget Fundamental Events are against the EUR.
Comment:
Breaking the red areas will confirm bearish continues.
Comment:
As we have seen, Red areas broke and as I said Sellers are still in the market strongly.
Comment:
Hello dear traders. As I said last week , after breaking red areas dropping continues and Eur didnt get stronger. Once again breaking channel lines is not a strong point of trend changing these days. Use other ways near this sign...
Wish to have a profitable week all of us...
Wish to have a profitable week all of us...