EUR/USD is setting up for a good sell, and I'm going to quickly explain my analysis.
I'm already on a sell with this pair, up about 30 pips or so in profit. The analysis bellow is more of for a second entry option, which might come up soon.
--> The triangle that is bolded in light orange area is where we see the start of going down, but I don't expect it to fully drop yet at least, I'm looking at it going into the light pink area of the arrow up.
--> Around that area when it has retracted up is when I'm looking for an entry.
This is a trade I want to hold for awhile, until its finished its journey down the stairs with the bears.
Happy trading people and always use your analysis before you enter, I'm simply sharing my type of analysis/style. :D
I'm already on a sell with this pair, up about 30 pips or so in profit. The analysis bellow is more of for a second entry option, which might come up soon.
--> The triangle that is bolded in light orange area is where we see the start of going down, but I don't expect it to fully drop yet at least, I'm looking at it going into the light pink area of the arrow up.
--> Around that area when it has retracted up is when I'm looking for an entry.
This is a trade I want to hold for awhile, until its finished its journey down the stairs with the bears.
Happy trading people and always use your analysis before you enter, I'm simply sharing my type of analysis/style. :D