In this video I go over the case for the U.S. Dollar bear taking a break and price action getting a pullback across the EUR/USD, GBP/USD and USD/JPY.
I took a 42% profit on EUR/USD longs and currently keeping an eye on a short opportunity if weakness starts to creep in on the price action.
Long term, I remain U.S. Dollar bearish across the board however pullbacks are always expected during a macro price move.
If we trade higher, so be it and I will evaluate what the next position will be.
As always, Good Luck & Trade Safe.
I took a 42% profit on EUR/USD longs and currently keeping an eye on a short opportunity if weakness starts to creep in on the price action.
Long term, I remain U.S. Dollar bearish across the board however pullbacks are always expected during a macro price move.
If we trade higher, so be it and I will evaluate what the next position will be.
As always, Good Luck & Trade Safe.
•NYC Trader since 2008
•Need Help Trading? internaltrader.com/helptrading
•Need Help Trading? internaltrader.com/helptrading
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.
•NYC Trader since 2008
•Need Help Trading? internaltrader.com/helptrading
•Need Help Trading? internaltrader.com/helptrading
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.