My EURUSD Long trade revisited.
While the structure of my last prediction didn't hold up, I am still in the trade (though this drawdown has skewed my available risk for the time being). The pair's recent rebound from lows has revealed a potential new expanding wedge structure that seems to confirm my long-term bullish bias. If Europe finally gets its act together and limits the number of continued lockdowns, we may well see future buying on the long side.
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.