Everybody seems bullish
, but I think otherwise. We broke the trend as you can see from the "Highs and Lows" analysis and the pattern that most people think is a "Inverted Head and Shoulders" is a false one, because they should be located at the very bottom to make an impact
, now they just serve as a support zone
, nothing else. No trades are full-proof and EUR can rise, but looking at the information that the chart gives us, shorting this pair is the wiser choice.
*Remember, you can not be 100% right all the time, but to be profitable in the forex market, you just need to maintain a winrate of 51%.
Good luck trading!