EURUSD Analysis and Trade Idea
EURUSD is in a well defined trading range, entering an accumulation phase back in November. It is due for breakout. Until that time, the range play of trading the extremes works well. Wait until price reaches the extreme, and execute.
Caution: Let price indicate which extreme it wants to go to before entering a trade.
There is an opportunity to buy... then sell here. The sell is the higher probability trade, though.
Be careful, traders.
Caution: Let price indicate which extreme it wants to go to before entering a trade.
There is an opportunity to buy... then sell here. The sell is the higher probability trade, though.
Be careful, traders.
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