EUR/USD - Is The Price Going Against The Popular Sentiment?
*** DISCLAIMER ***
Any and all commentary, research, analyses, or other information published by me on this website are provided as general market commentary, and do not constitute investment advice nor a solicitation and there are no guarantees associated with them. I am not liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
****************************
Most traders are preparing themselves for a bearish scenario. But as I can see the price broke the green trendline, at the moment WITHOUT any confirmation.
There is also a cleary zone of resistence (the red on chart) above the price actually, so I will wait for the breakout of the resistance zone and not only the breakout of a trendline.
Any and all commentary, research, analyses, or other information published by me on this website are provided as general market commentary, and do not constitute investment advice nor a solicitation and there are no guarantees associated with them. I am not liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
****************************
Most traders are preparing themselves for a bearish scenario. But as I can see the price broke the green trendline, at the moment WITHOUT any confirmation.
There is also a cleary zone of resistence (the red on chart) above the price actually, so I will wait for the breakout of the resistance zone and not only the breakout of a trendline.
Trade closed: target reached