Reasons not to enter...yet:
1. Haven't had the daily reversal close yet.
2. News hasn't been released yet, and it could be the opposite of what is expected.
3. Possible liquidity grab before continuing up.
As of right now, these are the only reasons I could see that would prevent entry. In terms of news, it is possible that expected results might be exaggerated in effort to force a spike or surprise. However, I for EURUSD, I don't think there will be any surprises. I couldn't find much reasons not to enter...this seems like a good buy.
Let me hear your thoughts.
Previous Analysis linked.
1. Haven't had the daily reversal close yet.
2. News hasn't been released yet, and it could be the opposite of what is expected.
3. Possible liquidity grab before continuing up.
As of right now, these are the only reasons I could see that would prevent entry. In terms of news, it is possible that expected results might be exaggerated in effort to force a spike or surprise. However, I for EURUSD, I don't think there will be any surprises. I couldn't find much reasons not to enter...this seems like a good buy.
Let me hear your thoughts.
Previous Analysis linked.
These analyses are my personal view on the market.
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
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