A short on EU
On the EUR/USD pair, we have observed the formation of new daily lows, indicating a bearish trend and establishing a bearish channel. Yesterday, I executed a sell trade on EUR/USD after the New York session attracted liquidity above a key liquidity level, which subsequently created a fair value gap. As the price moved towards this fair value gap, I entered a sell position with the expectation that the market would continue to decline and make a new low.
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