Many Sellers are shorting EUR/USD because past 4 weeks as it had made New Lows. Many Traders who trading in the short term are traped with the View that it going to make a new Lower low.
Now, this is where Real Big bucks can be earned whereas many convince to go short, that's where a contrarian will Hunt the seller's Stop Loss and forced them to exit. Now, when...
My Contrarian take on USD/CAD
There are many buyers sign there, yet, the stop loss hunting yet to happen.
" You can’t predict, you can prepare ."
Partiban,
My Contrarian Take on USD/JPY
I'm waiting for the early buyers to be forced to EXIT ..which is at 102.80 Level
" You can’t predict, you can prepare ."
#priceactionguru