Layne_LV

EURUSD Market Outlook | Daily Forex Market Breakdown

Long
FX:EURUSD   Euro / U.S. Dollar
(EURUSD)
Price came down perfectly to our buy zone but since the market was so slow I did not want to rush into a trade. Price always has another retest so you always have another opportunity for good entry. You have to maintain an abundance focused mindset, and not a scarcity focused mindset. Scarcity is only going to lead you to rushing into bad trades and missing out on the high quality ones.

I believe that we are going to see another retest of 1.100 before we continue to climb to the upside, technically we are in a downtrend so we could even fall even further making another lower low.

Related Ideas

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.