Hello Traders,
Today we are having a look at #eurusd this currency pair looks very bearish at the moving with push - exhaustion - push cycle finished and a bearish engulfing candle close from 25-50 moving average bounce is a good enough reason to enter the trade short and this trade will likely re-test the previous bottom level, if it manages to break it I would open a lower period moving average and trail my stop loss to gain further profits :)
Today we are having a look at #eurusd this currency pair looks very bearish at the moving with push - exhaustion - push cycle finished and a bearish engulfing candle close from 25-50 moving average bounce is a good enough reason to enter the trade short and this trade will likely re-test the previous bottom level, if it manages to break it I would open a lower period moving average and trail my stop loss to gain further profits :)