EURUSD IMPORTANT MOMENT - Bearish Outlook
Wait for the pull-back and open a short position.
In case there is no pull-back and you don't want to miss the opportunity feel free to SELL now with a higher risk.
In case there is no pull-back and you don't want to miss the opportunity feel free to SELL now with a higher risk.
Note
Still waiting for a bounce to open a safer SHORT position.Note
Target for this trade strategy is 1.135Note
If you opened a SHORT position at 1.63 well congratulations and enjoy the profits. :)If you were waiting for the pull-back like me, don't get emotional and don't follow the momentum. Wait for another pull-back if it occurs then open a SELL position.
Emotion is your greatest enemy when trading. If you are emotional you will make more mistakes than making smarter and better decisions.
Note
Price may tap the red line again but more likely it will continue to fall.Trade active
We have tapped the resistance line time to go SHORT. :)
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