EURUSD: Buying Lure ⚠️
Updated
Are you being lured into buys? My gut is telling me that selling is not finished yet.
We created strong support at the key psychological level of 1.00000 and this was the initial buy trap that ended in a strong liquidity grab.
However, one liquidity grab is not enough nowadays and for this reason, I will be looking to continue selling with the trend from this lovely supply that is approaching.
If we show signs of rejection around this area, I will be taking a sell with the members to create a new low.
We created strong support at the key psychological level of 1.00000 and this was the initial buy trap that ended in a strong liquidity grab.
However, one liquidity grab is not enough nowadays and for this reason, I will be looking to continue selling with the trend from this lovely supply that is approaching.
If we show signs of rejection around this area, I will be taking a sell with the members to create a new low.
Note
I was wrong.
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