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MiguelMateo

While it may sound crazy, is EURUSD on a short strategy?

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Euro / USA-dollar (FX:EURUSD)  
MiguelMateo Uppdaterad   
FX:EURUSD   Euro / USA-dollar
6
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Two strong SELL pivotal areas formed at 1.083-1.090 and (a recent one) at 1.064-1.070. There hasn't been a clear BUY pivotal area since 2002 ... would you short with me?
Kommentera:
I was expecting price to come up, but not that fast. As a result, a new SELL pivotal area has been formed between 1.056 and 1.060. While the price has come down today as expected, it could reach 1.056 and bounce back up as everybody is saying. At this point it is all about will the price cross 1.056 to continue on the short or go long.
Kommentera:
Sorry, the new pivotal area formed at 1.056-1.060 is a clear BUY area, that is why not sure if it will continue on SHORT or change to LONG.
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