EUR/USD Short and long term movement

Even though EUR/USD is still more or less moving sideways, we can see that the bears are curently a tiny bit stronger. I managed to catch a nice short trade resulting in profit of 4.5 R. (entry on the 5 min TF)

The week is coming to an end, so i probably won't trade tomorrow. There's no need to rush in to the markets every single day.

What's next for EUR/USD? Waiting for further trend confirmation. For now, BEARISH trend is still valid.

*DON'T PREDICT! ONLY REACT! AND ALWAYS MANAGE YOUR RISK!*

Best regards, T.
Beyond Technical Analysis

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