Overall EURUSD has been bullish but it looks like weekly is trying to continue this bearish push to complete the weekly pullback. Weekly and daily has shifted momentum to the downside. If we can get the H4 to shift bearish we can definitely see price continue bearish to our major support level around 1.19000.
Currently we have
57% of trader going short
43% of traders going long
If we get a clean shift of momentum on the lower time frame we could see those number change dramatically
SIDE NOTE - DON'T BE THE MAJORITY
Currently we have
57% of trader going short
43% of traders going long
If we get a clean shift of momentum on the lower time frame we could see those number change dramatically
SIDE NOTE - DON'T BE THE MAJORITY
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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.
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.