We had free fall atraction last few day and broke ever our support and now there seems to go:
1. Corrective of the freefall and continuing him
2. Corrective of the freefall and continuing the uptrend on the bigger chart.
So, why we should long?
1. Many traders closes their short position to take profit for the weeken (with a long ) so maybe thatswhy it goes little bit up.
2. Hard traders are getting back from patying and are continuing the bigger uptrend.
3.1. We have very low prices on the , , and its going to reverse, so that is why i am long
3.2. Pullback/Corrective of these little downtrend
When we reach our 2. Resistance, i would close my buy, and look what euro is going to do.
Thank you guys for reading, Comment and Follow please! :)