Euro / U.S. DollarEducation
Bears vs. Bulls - Consolidating
Simple Triple 70 MA with Momentum and ADX
Bears and Bulls are struggling for the lead as we're seeing consolidation in EUR/USD.
Be sure to check your work on this one as we could see a possible reversal in the near future. However, for now, make sure if you've taken a Long position earlier today to stay in and don't fall for consolidation until you have confirmation from multiple sources.
We could see a reversal and go down OR we could see another upward impulse move giving you more profit.
Be sure tho, to mark your Stop Losses to maximize your profits.
Want to know more about the strategy? See the Linked Post
Bears and Bulls are struggling for the lead as we're seeing consolidation in EUR/USD.
Be sure to check your work on this one as we could see a possible reversal in the near future. However, for now, make sure if you've taken a Long position earlier today to stay in and don't fall for consolidation until you have confirmation from multiple sources.
We could see a reversal and go down OR we could see another upward impulse move giving you more profit.
Be sure tho, to mark your Stop Losses to maximize your profits.
Want to know more about the strategy? See the Linked Post
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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.
Related publications
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.