Bullish EURUSD Trade Idea
For the week, I'm currently breakeven on EUR/USD after winning one trade and losing two. Despite the losses, I'm attempting another long position as the market appears overextended, and I'm anticipating a bullish correction into resistance levels. While the trend remains bearish overall, this setup offers potential for a short-term rebound as the pair corrects upward before facing resistance. Risk management remains key, given the corrective nature of this move.
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Disclaimer
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.