Price have broken off the trench and is looking very bullish. I feel that the intention is to hunt for stop losses that are placed at 0.7482. Price action and trend is still bullish and price might even go up to 0.757. I am still bear-biased and will only look for short when bearish signal is showing. As for now, I will sit back and observe as it is not wise to enter any position when price is at a no man's land.
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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.