Hey guys, here's my view on EUR/USD:
Price finally broke out of range and market sentiment is EXTREME bearish.
I expect price to retrace back to the previous support zone (now resistance zone) before shorting it on its next wave down.
There is lots of downside room to fall which would make this trade one with a good RRR.
Trade safe!
Price finally broke out of range and market sentiment is EXTREME bearish.
I expect price to retrace back to the previous support zone (now resistance zone) before shorting it on its next wave down.
There is lots of downside room to fall which would make this trade one with a good RRR.
Trade safe!