Hello everyone.
I am new to this trading thing. I did this week to get some good profits on the EURUSD. I know it is in consolidation (wide range consolidation). The EURUSD has hit the highest point since the year has started. My take is the EUR is going to tank next week, but a very strong chance it'll stay in the consolidation area and continues with a bullish trend.
Any opinions? Most reviews today (9/4/2020) said it would continue in a bearish trend but the bulls ended up taking the reins.
I am new to this trading thing. I did this week to get some good profits on the EURUSD. I know it is in consolidation (wide range consolidation). The EURUSD has hit the highest point since the year has started. My take is the EUR is going to tank next week, but a very strong chance it'll stay in the consolidation area and continues with a bullish trend.
Any opinions? Most reviews today (9/4/2020) said it would continue in a bearish trend but the bulls ended up taking the reins.