EUR/ USD BEAR REJECTION PREPARE TO GO LONG

12 Şub 2021

In the last 3 weeks the EUR/USD has experienced a pullback wave to the downside. This market has broken through and rejected the bearish trendline on the 4 hour time frame with a strong engulfing candle. The market is structured to the upside additionally rejecting a break through on the long term bullish time frame. my prediction is that this market will continue up to the previous high. trade at your own risk, remember to take progressive profits by advancing your stop loss to minimize risk and to lock in gains. Good luck!