Euro / U.S. Dollar
Short
Updated

EU Pullbacks Needed

98
A 300-pip pullback creates a good risk-to-reward setup for sell trades.

Note to self: To keep the bearish trend intact, the price must stay below the Orange Line.
Note
The power of tariffs... The market gapped down at 6am Singapore time. Taking some profits off the table makes sense, then letting the rest run in case we get a gap fill or a mean reversion bounce.
Trade closed manually
1.02 showing a monthly doji candle.

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.