EURUSD had that consolidation since 19.July, and it's expected to retest the lower band of this consolidation, if the market still had bearish momentum after penetrating it, we may revisit the low of May, but for now it's early to talk about this.
If the market showed a distribution of the bearish momentum during the course of the day, I'll update this idea of course.
Good luck, and to be updated...
If the market showed a distribution of the bearish momentum during the course of the day, I'll update this idea of course.
Good luck, and to be updated...
Comment:
till now the market didn't activate our trade,
but we have a clear trendline...
but we have a clear trendline...
Confirm by penetrating the resistance level, otherwise we still in our bearish direction.