With the EUR very strong this pair had made some huge moves to test strong levels.
We have a golden cross on the 4H TF and looks like we are heading the the 200EMA on the weekly, this will also be the next support zone.
Will wait for some continuation after this breakdown before I go short.
If a retest of the 200 EMA Weekly fails my bias will change to long
Disclaimer: I am still new to trading and testing my strategies. Not all trades Ideas I post will result in live trades. They might be tested on demos accounts.
Please share your Ideas with me and I am always open to positive criticism.
Remember to use risk according to your appetite.
Thanks for Checking out this Idea.
We have a golden cross on the 4H TF and looks like we are heading the the 200EMA on the weekly, this will also be the next support zone.
Will wait for some continuation after this breakdown before I go short.
If a retest of the 200 EMA Weekly fails my bias will change to long
Disclaimer: I am still new to trading and testing my strategies. Not all trades Ideas I post will result in live trades. They might be tested on demos accounts.
Please share your Ideas with me and I am always open to positive criticism.
Remember to use risk according to your appetite.
Thanks for Checking out this Idea.