Euro / U.S. Dollar
Short
Updated

EU shorts!!

97
Monday and Tuesday created a weekly candle with a higher wick. Wednesday showed retracement into the pro trend. Today and possibly Friday may see weekly bearish pro-trend movement.
Daily alignment also favors lower prices, and SMT correlation with DXY suggests a potential price drawdown.
Watching how London session develops for entry. If Asia H levels aren't swept, then New York session may offer possible continuation.
Trade closed: target reached
very well played :)

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.