EURUSD Breaks Long Term Neckline
Therefore we can short EURUSD NOW
SL : 1.1705
ECB won't be doing tapering until next year while FED might
increase rate three times in 2018.
The fundamental side is confirmed for a bearish EUR.
Stick with the plan:
If NFP can't break the structure.
we are still bearish on EURUSD
Lots of traders were expecting EU to fall but it did a U-turn and went up hitting stop losses on the way. Now EU is highly OB in the hourly time frames. So during today's US reports do u think EU will fall, maybe to the daily pivot point of 1.1753 ?
@KenWei, I don't understand why would you be so sarcastic about another trader's point of view or rather analysis, bcoz as traders we mostly follow market sentiments and news reports that are released by the same Government officials to obviously create a buzz in the Market and get us to take wrong positions. But even you as a Pro trader you've taken a position that went the opposite way a couple of times in your trading Career, so please respect other people's pages and don't come & mock @tntsunrise for a trade a lot of good traders got stopped out on. Jack's technicals were good and he's also a good trader, let's learn to respect other people!!