Currency Pair: EUR.USD Time Frame: Daily, 4hr, 1hr & 5min Predicted Direction: Short
Live EUR.USD updates will be available in the comments section below.
The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity. Should my daily predicted direction be incorrect no trade opportunity will be generated.
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Today's daily predication was correct, however price didn't provide us with an entry due to a very shallow retracement. This is one of those occasions where you have to sit back and await the next setup.
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Minor daily support to content with should anyone be short.