EURUSD somehow not able to sustain at the higher levels falling from the bearish wedge pattern. Creating multiple tops and not looking confident at higher level. RSI is also suggesting more selloff pending from the current levels. Uptrend will only positive if it sustains above 1.06300. Otherwise i can see it is ready to hunt the liquidity levels of 0.974 0.964 0.953
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Monthly chart also looking bearish. It wont come overnight but it will come. Sell every bounce basically.
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Live trade.
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SL still intact
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Sliding slowly. Keep holding the short.
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Booked the short with trailing. New long trade below.
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SL hit after CPI
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New Long trade.
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SL hit of above trade and then it met target. always re-enter if it hit SL and comes to same level.
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Now this short trade will be active when the given level comes again and show some red candles. 1.04892
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EURUSD can do this. Just wait for the level. 1.0478.
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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.