bearvsbullmarket

Scary future for the EURUSD

Long
FX:EURUSD   Euro / U.S. Dollar
Days ago, I called a long set-up for this EURUSD pair for the formation of a bullish fakey pin bar along with trend which suggested a push higher on prices. Now, with this signal, I normally put in a huge lot for this is a strong signal.

Today, I have placed my TP at 261.8% of the pin bar since the EURUSD will have a difficult days ahead. The black horizontal lines I've drawn are the Potential Reversal Zone (PRZ) of the forex pair.

Be cautious!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.