saywulahi1

LONG POSITION EUR/USD

Long
FX_IDC:EURUSD   Euro / U.S. Dollar
so for this position, I noticed that the candles have absconded well away from the moving average and has gone into consolidation. this shows that the consolidation will either continue only to be followed by a big price reversal on opening hours or the trend will continue which is unlikely due to hype around the trump impeachment is starting to die down so we should see overall stocks for example DOW JONES S&P 500 AND the US DOLLAR increase in price. another thing I noticed is that the currency pair went into consolidation for the last couple of hours. this is further conformation that the downtrend will end and a price reversal will occur at opening hours.
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