Pika7993

Sell and look for next buy entry (SWING)

Short
Pika7993 Updated   
FX:EURUSD   Euro / U.S. Dollar
While the pair is finding rejection DXY found major support from bottom. I sentiment a short sell off to pivot off main supports I mapped out. Sell could be a short scalp with pivot off first support.

One could be safe and only enter a buy at the next support pivot. My overall sentiment is a push to 1.25000 high as it did in Jan 2018 as I have been preaching. At these levels we are psychological. Many traders are confused many COVID sentiment which is why it is important to have psychological level knowledge to your trading.

Study chart and wait for safe entry. Please comment with thoughts and ideas. Thank you.
Trade closed manually:
If you entered a sell following pivot rule that ended up in some decent profit before the pivot
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.