I will be looking for short entries around the 0.618 level and 0,50. The reasons : Trend remains bearish , price action just broke that counter trendline and we still have h4 momentum to the downside WHAT DO YOU THINK ABOUT THIS SETUP ? :) please give a follow, like, comment your thoughts for more updates ....... Thank you for your support! .......................................................................................................................... .......................................................................................................................... .......................................................................................................................... All information and material is for educational purposes only and is not intended to provide financial advice. This is not financial advice & I am not a licensed financial advisor or broker ..... I am just a happy trader :D
I believe is a good trading idea. If nothing fundamental changes it. Like FED putting those 500 billion that they announced last week in the market. We might see a weaker dollar for that
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@Diabolik90, yes so true ! fundamentals are key let's see what happen thanks for sharing very interesting point of view
@airforexoneJAVIER, yes i did. I am short on eurusd from 1.1450 and kept on adding as I saw some moves up. Now i am expecting correction for this move today and i will enter in another sell but this time with a smaller volume.