Euro / U.S. DollarShort
Potential Retracement On the EUR/USD
So then, this is my first post, so I don't expect a whole lot of clout. I just know that I'm practicing some smart money concepts, which I believe can be applied to any graph.
This is a 1 Hour analysis of what I thought the EUR/USD would be likely to do today. Being mindful of the overall bearish bias, I noticed some inefficiencies on the buyside. The market wasn't balanced, and it was trading in a premium. I was looking for it to trade to these imbalances and offer those prices.
I don't use indicators, with the exception of the Fibonacci retracement. This is just personally how I like to view the charts.
This is a 1 Hour analysis of what I thought the EUR/USD would be likely to do today. Being mindful of the overall bearish bias, I noticed some inefficiencies on the buyside. The market wasn't balanced, and it was trading in a premium. I was looking for it to trade to these imbalances and offer those prices.
I don't use indicators, with the exception of the Fibonacci retracement. This is just personally how I like to view the charts.
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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.