My analysis on EUR/USD mirrors that of GBP/USD, as it has entered a significant supply zone where I anticipate a bearish reaction. Given the abundance of liquidity and the temporary bullishness of the dollar, this scenario appears plausible. Therefore, I'll be monitoring for a redistribution pattern on Monday before considering initiating sell positions. I...
Still waiting for a setup to produce its self on EURUSD but I thought id update, I probably wont trade this pair until next week as price is in a bit of a free fall and needs to give some better areas for entry.
Hello Traders, Possible dramatic decline for EUR/USD if we just exit a wave b (triangle pattern with throw over) profit targets .0618 Fib Level Thanks