Although this is only showing the Daily chart, I am overall looking to see EUR/USD (EU) go long. I would first like to see EU to make an attempt to go higher first in the beginning of the week to trap early long traders. Then I would like to see it Short those traders going long, which would in turn take out buyers stop losses. After early buyers have been taken out, I would like to see the market entice sellers. Once sellers are in the market, I would like to see EU bullish for the rest of the summer overall.
However, we all should know to follow what the market is doing. We can expect the market to do something based off of our strategies and what we see, but we should never be one-minded when it comes to our analysis. Although I have wrote my sentiment about the market, and I expect it to do such. I am also waiting to see if it comes to fruition. If it does not, I will look for EU to sell vs looking for it to buy for the summer.
Although we can play both sides of the market, in terms of buying and selling. The market, I believe has its long-term plan for its certain seasons, months, weeks, and days.
However, we all should know to follow what the market is doing. We can expect the market to do something based off of our strategies and what we see, but we should never be one-minded when it comes to our analysis. Although I have wrote my sentiment about the market, and I expect it to do such. I am also waiting to see if it comes to fruition. If it does not, I will look for EU to sell vs looking for it to buy for the summer.
Although we can play both sides of the market, in terms of buying and selling. The market, I believe has its long-term plan for its certain seasons, months, weeks, and days.