EURUSD Analysis + Recent Volatility EXPLAINED (Description) I have a Bearish Bias on this Pair. Trading Structure and momentum on this Channel.
Check first Chart in Description to See what I'm looking at.
Also, Included in the Description are two charts from Days Feb 1st ( Interest Rated Decision)
and Feb 7th ( Fed Powell Speech )
These Charts , when compared and contrasted , are not much different. Actually they are quite the same.
After news create initial volatility, Price is corrected nearly to the same price in which it begun shortly after, it may take 1-2 trading sessions or
it could take only 1-2 hours. All relative.
Short-setup
✅GBP_AUD POTENTIAL SHORT🔥
✅GBP_AUD will be retesting a resistance level soon
From where I am expecting a bearish reaction
With the price going down but we need
To wait for a reversal pattern to form
Before entering the trade, so that we
Get a higher success probability of the trade
SHORT🔥
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✅EUR_CAD LOCAL SHORT🔥
✅EUR_CAD has hit a key structure level
Which implies a high likelihood of a move down
As some market participants will be taking profit from their long positions
While others will find this price level to be good for selling
So as usual we will have a chance to ride the wave of a bearish correction
SHORT🔥
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