A new low and a possible pullback in the last day of the month
We see a new low on EURUSD every single day. Today, we're expecting the same.
In case price breaks below the previous low, we will be looking to close all short positions.
After such a move, there's always a time when the big players collect profits and close their positions.
That usually creates a pullback.
This is not going to reverse the trend but it will actually give us a better entry level for a continuation of the main trend.
Good luck!
In case price breaks below the previous low, we will be looking to close all short positions.
After such a move, there's always a time when the big players collect profits and close their positions.
That usually creates a pullback.
This is not going to reverse the trend but it will actually give us a better entry level for a continuation of the main trend.
Good luck!
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❓ If you got questions: t.me/Semkov
💰 PAID SIGNALS AND ANALYSIS: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
