EUR/USD still consolidating
This is where patience comes into play. EUR/USD has been moving more or less sideways for quite some time now.
At this point in time, i dont want to predict what will happen next. I will just react to what actualy happens!
Waiting for a breakout of the consolidation and then for further volume and trend confirmation. Overall i would still prefer shorts over longs, since price hasn't shown any real bullish power.
*TRADE SAFE AND ALWAYS FOLOW YOUR RISK MANAGEMENT PLAN*
Have a good week in the market guys, T.
At this point in time, i dont want to predict what will happen next. I will just react to what actualy happens!
Waiting for a breakout of the consolidation and then for further volume and trend confirmation. Overall i would still prefer shorts over longs, since price hasn't shown any real bullish power.
*TRADE SAFE AND ALWAYS FOLOW YOUR RISK MANAGEMENT PLAN*
Have a good week in the market guys, T.
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.