This week, the Euro remains bearish, and we’re expecting price action to target and run the lows we’ve already identified.
One important principle we’ve repeatedly shared with our Members is this: when we hold a bearish bias, we should not expect price to return to our ideal sell zones. Instead, we should anticipate that price will move toward our projected downside targets.
If we’re fortunate enough to get a pullback into our preferred sell zones, we’ll welcome it with open arms. However, focusing too much on where you want to sell from creates the wrong mindset. It leads you to expect a pullback — a counter-directional move — even while holding a bearish bias. That approach is backwards.
Stay grounded in the principle: we expect price to reach the downside targets. If a pullback occurs, we’ll act accordingly. We've maintained a bearish outlook for some time, and recent price action has confirmed that with a significant sell-off. We expect this momentum to continue.
Orion has signalled that price should come lower, and we will continue to follow that direction. As always, stick to your risk parameters, follow your rule set, and let Orion lead the way.
One important principle we’ve repeatedly shared with our Members is this: when we hold a bearish bias, we should not expect price to return to our ideal sell zones. Instead, we should anticipate that price will move toward our projected downside targets.
If we’re fortunate enough to get a pullback into our preferred sell zones, we’ll welcome it with open arms. However, focusing too much on where you want to sell from creates the wrong mindset. It leads you to expect a pullback — a counter-directional move — even while holding a bearish bias. That approach is backwards.
Stay grounded in the principle: we expect price to reach the downside targets. If a pullback occurs, we’ll act accordingly. We've maintained a bearish outlook for some time, and recent price action has confirmed that with a significant sell-off. We expect this momentum to continue.
Orion has signalled that price should come lower, and we will continue to follow that direction. As always, stick to your risk parameters, follow your rule set, and let Orion lead the way.
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Learn the Orion Trading System with the link below.
🚀 Store: tinyurl.com/PSS-store
🤝 Discord: discord.gg/pip-surfing-society-809908301923745813
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.
Our FREE trading community & FREE YouTube content!
Learn the Orion Trading System with the link below.
🚀 Store: tinyurl.com/PSS-store
🤝 Discord: discord.gg/pip-surfing-society-809908301923745813
Learn the Orion Trading System with the link below.
🚀 Store: tinyurl.com/PSS-store
🤝 Discord: discord.gg/pip-surfing-society-809908301923745813
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.