EUR/USD is overall in a bearish trend... this minor consolidation period has bullish potential, but we still have to be careful while looking for long positions. I marked an interesting SUPLY area, where plenty of short orders came in.
I will wait for the price to print a cleaner picture before executing any positions. Like i said, i favour shorts over longs, but you never know what happens. If we see bullish price action, i might just shift my focus!
Have a nice weekend guys, make sure to manage your trades before the market close today!
*ALWAYS TRADE SAFE, NEVER OVER RISK!*
Best regards, T.
I will wait for the price to print a cleaner picture before executing any positions. Like i said, i favour shorts over longs, but you never know what happens. If we see bullish price action, i might just shift my focus!
Have a nice weekend guys, make sure to manage your trades before the market close today!
*ALWAYS TRADE SAFE, NEVER OVER RISK!*
Best regards, T.