Well, well, well... Here we are. Following up on last week's "EURUSD - Downward Travel Until Next Week", get your "Buy" button ready and watch your shorter resolutions (shorter than 1D at least) for your best possible entry. Unless these upcoming news events create a massive drop, you can expect EURUSD to turn north for a long term uptrend over the next couple of...
Above is a study I created that indicates when a shift is about to happen. Knowing this, all that's left really is to know how long it will be in that direction. If it's enough to get over a your commission or spread, then it's good enough.
Well, if you're already in a short position on EURUSD, then in my opinion, you have no reason to close it yet. Otherwise,...
