You stil expect the bear flag to be completed? I looked at the monthly chart and there are divergences forming. stil a good trade?
saif12
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@Sharky8899., Fully agree, the chance to keep going down is still very high. I just wanted to take a break from this pair. One thing I am certain of, is that I am NOT going to short this pair under any means. Either I will stay out for a while or I will long it. but definitely I am not going against it.
Hope this will help
saif12
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@saif12 Sorry if my writing has a confusing message. What I meant is that the trend on the graph is still the same, The EUR will go down, So I am not bidding against the US dollar, If I want to bid. I will bid against the EUR.