Because we're in a strong downtrend on the daily chart
, I'm not looking for any long opportunities in the EURUSD
. New closes into my sell zones will be considered new moves down, but the Ambiguous area is where the downtrend is often less strong for me. However, I often see an initial push downward like we've seen in the last 3 hours, then a test of the upper purple line (*), then a new move down (if it doesn't break the purple and continue in a new uptrend).