EURUSD completed the upside move to 0,9850 pretty quick.
That means, it's probably best to close all long positions and wait for the right moment to enter again.
We could see a continuation up but buying right now is probably not the best idea.
You should focus on price rejecting the zone.
It could take some time until the market gives us a clear move and that's why you should wait for a further confirmation.
That means, it's probably best to close all long positions and wait for the right moment to enter again.
We could see a continuation up but buying right now is probably not the best idea.
You should focus on price rejecting the zone.
It could take some time until the market gives us a clear move and that's why you should wait for a further confirmation.
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💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
Related publications
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.