Following this uncertain eurusd I expected the last bullish impulse but was not sure about the strength. While the price may move higher it can also continue to drop.
Note
As I expected the bullish impulse was stopped and there was a correction down. From here the market can try to make another swing up but the stochastics on the 1H let me think there's a huge chance to see the market break down. Note
Trade active
LongNote
Still longNote
Keeping it open. Will look only for a reversal trade short below 1.08102Note
Keeping this trade open long for a mid-long term. Actually, there's still weakness in eurusd. Looking to the stochastics I decided not to open a short before really breaking the last low and only if I get a sell confirmation with after this because even this could be a fake. I have added a second target now around 1.13000. But no real sells in sight even if the market this week could be disappointing.Trade closed: target reached
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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.