Currency Pair: EUR.USD Time Frame: Daily, 4hr, 1hr & 5min Predicted Direction: Short
EUR.USD updates will be available in the comments section below.
The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
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A pullback is now underway, awaiting a clear rejection prior to an entry.
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A great trade opportunity from the Monthly all the way down to the 1hr TF, however price simply didn't consolidate deep enough for an entry.
Simply move on to the next trade opportunity, not all positions will provide you an entry.
i see different picture but in overall im bearish to, im with you eu will fall wait for london session when it openes price will jump up little bit and then great fall comes in untill last 3 hr of us session .
UnknownUnicorn180388
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@MishkaNemsadze, I am long term bearish DXY however i see this as a great day trading position should it provide an entry.
MishkaNemsadze
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@tomhall, im also long term type of trader maybe you saw my dxy and eu trades and i accept every ideas from you about dxy and eu ;) same comes from me dxy has huge potencial to go new highs