EUR/USD LONG, then SHORT.
Last call for LONG passengers at the bottom of the flag correction, then a continuation up to the third touch of the outer structure.
Retail traders will be caught out on the wrong side of the trade trying to enter at the horizontal resistance as price action corrects up, causing stop losses to be hit and pushing price up for the last time with a sharp spike - as seen time and time again.
Long term shorts (5-10 days) will be initiated at the top of the structure with a vey tight stop as Dollar flows are largely susceptible to volatility swings in this pandemic period.
Retail traders will be caught out on the wrong side of the trade trying to enter at the horizontal resistance as price action corrects up, causing stop losses to be hit and pushing price up for the last time with a sharp spike - as seen time and time again.
Long term shorts (5-10 days) will be initiated at the top of the structure with a vey tight stop as Dollar flows are largely susceptible to volatility swings in this pandemic period.
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