TradersClassroom

Looking For A Deeper Pullback Before Going Short Again

FX:EURUSD   Euro Fx/U.S. Dollar
399 2 5
Volatility has increased but direction is still unclear in this pair. We are in the midst of a pullback that touched the 1.10 mark. I would like to see a deeper pullback for me to get short again. In the short term I think this pair is directionless but in the medium to long term the bias still has to be to the short side. I'm looking for this pair to clear some weak hands out before getting short again. We discuss this further in the Weekend Preview. Check it out: http://youtu.be/DbQZJ9q81Sw
TrevaughnSmith
2 years ago
I have similar analysis. Thanks for posting.
Reply
denovo PRO
2 years ago
Great minds think alike... LOL !!!
The case for the continued downtrend in EUR/USD...
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