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ifeanyichukwu_E
Aug 5, 2020 10:02 AM

LET'S WAIT FOR THE BULLS TO TIRE Short

Euro Fx/U.S. DollarFXCM

Description

The RSI indicator shows the market is about to be overbought
The KELTNER BAND also shows the candlesticks gradually evading out of the band
And the MARKET also is approaching its strong resistance level

All these indications shows that in a ver short time the market will soon be crashing down
Comments
samuelericsss
I think the bull still is winning. We have to look from the previous very long bottom wick yesterday meaning the market still semi bullish. I think it will hit 1.19-1.20 max then a true reversal! Also considering U.S LOW gdp, stimulus that will make HUGE unemployment because it is better than working (getting $600 a week), RISING covid, upcoming election. The market is still UP for some days! The market still wants UP!
ifeanyichukwu_E
@samuelericsss, I will take that into consideration, Thanks a million for the idea, I really appreciate
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