Retail traders have been SHORT all this time and now they started taking their losses. That would mean that Institutional traders may be taking some of their profits on their LONGS which would take price a little lower for the short/medium term
Possible SHORT on EURUSD - Weekly supply imbalance in control
Possible SHORT on EURUSD - Weekly supply imbalance in control
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.