In my opinion this is still long.. The structure of price is yet to be broken and if you look at this properly you will see a higher high was created and a choppy retest is taking place.. TREND IS YOUR FRIEND
Looks like price is doing a bit of a retest before dropping
I believe we are looking at a short opportunity on this pair, just waiting for the rest of the month to play out before looking for an entry for a long term short
Completely looked at this wrong the other day... its easy to make sense out of nonesense
Looks a bit too choppy for me.. Will wait on the pullback before deciding
Please see chart for breakdown of my analysis
From what I can see EURUSD has broken its daily support level and has come back up to retest the area.. Will be looking for signs of rejection before shorting to the next support area
Personally I see a pullback before a short but knowing Nasdaq it will gain supernatural powers and fly to space.. Lets see what happens
I see a series of higher lows, broken trendline and a retest of a daily support level.. 4hr Doji which could mean potential trend continuation... watch out now ;)
Price has broken structure and now we can look for a pullback to previous support, now resistance.. XAUUSD has also made a new daily low so we can expect price to continue falling but i think this is a small drop before gaining new highs
Looks like we're going down, just waiting on a pullback
My Bias is short anyway but this adds extra confluence to the move