Yesterday, we talked about potentially selling from the 1,0050 level.
However, we then had an impulse move to the upside which doesn't allow us to enter short.
That's why this setup isn't valid anymore and we will be looking to sell another time.
Also, current price level aren't suitable for long positions either and that's due to lack of decent risk to reward ratio.
We are now expecting a continuation of this move after a pullback. Right now, we will focus on other instruments to trade.
However, we then had an impulse move to the upside which doesn't allow us to enter short.
That's why this setup isn't valid anymore and we will be looking to sell another time.
Also, current price level aren't suitable for long positions either and that's due to lack of decent risk to reward ratio.
We are now expecting a continuation of this move after a pullback. Right now, we will focus on other instruments to trade.
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❓ If you got questions: t.me/Semkov
💰 PAID SIGNALS AND ANALYSIS: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
