Analysis EUR/USD
Last week, I mentioned that it would be bullish, and I hope you took advantage of the trading opportunity.
On Friday, there was manipulation by the banks, which pushed the price downward. What I see is strong bearish momentum at the market close.
On the lower time frames (4h/1h), we have a BOS (Break of Structure) as confirmation that there could be a continuation of the bullish momentum from last week. I will wait for Monday to develop to determine how and in what way to trade.
Be patient and let’s see what the price will show us.
On Friday, there was manipulation by the banks, which pushed the price downward. What I see is strong bearish momentum at the market close.
On the lower time frames (4h/1h), we have a BOS (Break of Structure) as confirmation that there could be a continuation of the bullish momentum from last week. I will wait for Monday to develop to determine how and in what way to trade.
Be patient and let’s see what the price will show us.
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.
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.