EURUSD BUY
> Currently EU is sold out of its previously bought long positions by big institutions(BIGGIES).
> After clearly of positions it might get bought to touched the down trend line above.
> From there it will fall again.
> If this is not the case and price reverses, then SELLING is suitable because that will drive the price further down, because of NEW SHORT positions.
> After clearly of positions it might get bought to touched the down trend line above.
> From there it will fall again.
> If this is not the case and price reverses, then SELLING is suitable because that will drive the price further down, because of NEW SHORT positions.
Note
Move SL to 1.098
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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.