Time Frame: 4H
Symbol: EURUSD
Entry: 1.05310
TP: 1.01362
SL: 1.08093
Bias: Short
A deep analysis of sentiments of traders for EURUSD shows that 80% of the traders are bullish but the problem is the pair has created a stairway to chasm of no return . In spite of all fundamental factors or even market sentiments, the situation can be made worse by the NFP and Fed intervention. Though there is a ray of hope for upward move but the downward move will be heavy and it will take the pair to a new level. So, we are bearish.
Symbol: EURUSD
Entry: 1.05310
TP: 1.01362
SL: 1.08093
Bias: Short
A deep analysis of sentiments of traders for EURUSD shows that 80% of the traders are bullish but the problem is the pair has created a stairway to chasm of no return . In spite of all fundamental factors or even market sentiments, the situation can be made worse by the NFP and Fed intervention. Though there is a ray of hope for upward move but the downward move will be heavy and it will take the pair to a new level. So, we are bearish.
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