EUR_USD: Trading the Gap
I could see shorting from the gap is not a bad idea.
From this level could start the wave 3 going through wave 5 going down
At this level is also a strong resistance level that could break the Euro down.
Wave 4 could not go further high as it is limited to resistance at the current support.
A dovish ECB decision could derail the Euro and move downwards.
From this level could start the wave 3 going through wave 5 going down
At this level is also a strong resistance level that could break the Euro down.
Wave 4 could not go further high as it is limited to resistance at the current support.
A dovish ECB decision could derail the Euro and move downwards.
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