EURUSD long
This analysis may have a tendency to fail somewhat. This is due to the high volatility in DXY. EURUSD, however, explicitly rejected his demand zone. Rejection of the 200 MA line at the point of rejection can also be a strong confirmation of rejection. However, 90% of retail traders in the entire market are in the selling position.
Trade closed: stop reached
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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.