ForexTrade

EURUSD Trading Plan

Short
FX:EURUSD   Euro / U.S. Dollar
4
Market continues to the down side and sell on the pull back to current trend line is a good option. Market can go and test weekly trend line and just after that price has a good chance to bounce back up. Long term picture still has Higher high and Higher low. Just below 1.0800 market will post a new Lower Low and in such scenario this pair will change into long term negative market.
I do not trade long term, and current short term market is negative, so any pull back up is an opportunity to sell, if I get sell signal.

Related Ideas

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.