Pending Long EURUSD for a dip and rip.
The recent up move in EURUSD may be an impulsive leg. If it is, there's a fair risk we're at the top of it now but would be great to look for longs 100 pips lower.
We have a lot of news today. The forecast style of a C leg would be a sharp drop and whipsaw, which is often consistent with news releases.
I'm not one for guessing headlines (I don't know and don't care) - but this looks like a great spot to plan for the long EURUSD if there's a big dump on the news.
Broadly speaking, I am rally bullish on EURUSD. I think there's a good chance we're inside of this move.
If we are, we'd be in the final stall before this started a really impressive rally.
A big C leg to spike out the range high would be sick. Would come with a lot of momentum if it did.
We have a lot of news today. The forecast style of a C leg would be a sharp drop and whipsaw, which is often consistent with news releases.
I'm not one for guessing headlines (I don't know and don't care) - but this looks like a great spot to plan for the long EURUSD if there's a big dump on the news.
Broadly speaking, I am rally bullish on EURUSD. I think there's a good chance we're inside of this move.
If we are, we'd be in the final stall before this started a really impressive rally.
A big C leg to spike out the range high would be sick. Would come with a lot of momentum if it did.
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We have signals services starting from only $10.
Find them here: holeyprofitnewsletter.substack.com/p/all-holeyprofit-newsletters
Find 15 free strategies here: holeyprofitnewsletter.substack.com/p/strategies-parent-thread
Find them here: holeyprofitnewsletter.substack.com/p/all-holeyprofit-newsletters
Find 15 free strategies here: holeyprofitnewsletter.substack.com/p/strategies-parent-thread
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.