Just thought id share my big brain move.. could be completely wrong but here are my thoughts
EURUSD just did a massive retracement to its previous lows on the monthly
We can see there was a trendline break which signals the start of a down trend
And a closer inspection on the daily shows a structure break... will be interesting to see how this plays out
Just glanced at this and I think its one of the best long opportunities ive ever seen
Double Bottom on weekly.. Structure Break.. Price action on 4hr... crazy long
Not trading it but i thought id share
Be careful of entering GU around this level - we have seen a new low form on the monthly chart and this could just be a short pullback before it falls off a cliff and makes a new low
Remeber to react not predict
USDJPY has double bottomed on the 4hr and appears to be pushing higher, will wait for a break and retest of the highlighted area before looking for longs
Overall trend is long (Weekly and Daily)
EURUSD appears to have failed to make a higher high, I am waiting for a key area to break before looking for a short setup
Overall trend is bearish so we should only be looking for shorts
