Euro / U.S. DollarShort
EurUsd Trade Idea
EU has been extremely bearish. Price ended last week solid bearish structures to build a set up off of. We can either expect price to respect the retest with smaller time frames to support the short set up or expect price to tap back into the last lower higher before heading back to the downside. As long as price respects and maintains below the last lower higher than shorts would still be valid here. I'll only be interested in longs once and if price breaks above the lower high.
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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.