Currently, EURUSD is in a tricky state. We are currently experiencing a strong buy. For those who trade using the ichimoku system, the indicator doesnt advice for placing trades when candles are found in the cloud because of indecision in the market. However, for shorter trades, it is 90% sure that we will reach the TP1. But after that, we are seeing a bearish trend taking over because if you have a look at the rejections in these recent bullish candles, it is confirmation that we are going to have a bearish trend after TP1
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.