This one is a bit tricky. After our recent win in eurusd we are looking to sell since it is overbought in the larger time frames however there is an important trend line that price would need to break through in order for us to secure 80+ pips. I believe we will see a bearish market short term but we may start to see consolidation with price because of all the trend lines and areas of interest other traders and institutions are looking at.
I am calling this early because this is what I am seeing as of now. Remember to be patient and wait for the proper setup.
The last thing we want is to be wicked out and continue in the direction we wanted.
Trade closed: target reached:
Tp hit. 92 pips secured. I hope you guys took this trade as well.
Tp hit. 92 pips secured. I hope you guys took this trade as well.