Euro / U.S. DollarShort
Short EURUSD - Anticipating good US data (No Entry Yet)
Beside my GBP trade, I'm also looking at US data release. It's a preset for tomorrow CPI release which also anticipated to be good. The reason I don't want to pull the trigger right away is because retail sentiment is also pointing toward a Short on this pair and that makes me worry maybe as the price increase and slowly work through all those SL I may have a better entry. My trig.ger is when retail sentiments start to move to the long EURUSD side (short USD) I will enter.
The more the retracement the more happy I am at the moment, probably to back to 1.2 and even try hovering nearer to 1.205.
The more the retracement the more happy I am at the moment, probably to back to 1.2 and even try hovering nearer to 1.205.
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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.