I have sideways/downwards due to pressure coming from DXY till first third part of June.
But it is tough to chart. I would be selling at the top of the channel.
But it is tough to chart. I would be selling at the top of the channel.
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Maybe that was all the bounce upwards we got. Isn't worth to short at this point - late in the trend and not in euphoric conditions.
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This idea is still valid. I have been busy working on smaller cycles lately. EUR/USD is telling me that we get soon a very good short opportunity. I will update.
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I'll think I will wait till tomorrow for confirmation or potential overshoot. Lots of bulls running firecly forward. Takes time for shorts to distribute.