EURUSD 3Month TF. This just continues to sink. Be careful as I’ve said before with buys. Please be aware of High Impact PMI data for the Eurozone tmr morning. We should see a pretty strong reaction if data comes out good for the Euro. Hope this helps and goodnight. See you all New York bright and early. Cheers 🥂
EURUSD Quick lesson…On the charts below is a great example of Distribution and Consolidation on the 4HR volume chart. While the price might seem bullish, the buying pressure has low volume. However, when you look at the selling pressure, the volume is massive. The opposite is true for a bullish market. There are better examples of this but this will do. Once you learn how to read these basic indicators, you will start realizing why trading is simple. Cheers 🥂
EURUSD Another great day of trading. Trend is our friend. Maybe going up for a while now who knows. Have a great one everybody 🍻 hope you made some pesos