Hi ,, this is how i see the EUR
First of all We all know that we are in a down trend but the price touched a strong support level
so in my opinion we have three scenarios ,
the first one : The Price will go up and test the key level in that case if i noticed a rejection then i will go short ,
the second one : The price will break the key level , in that case i will wait for pullback and go long ,
the third one : the price will go directly down without testing the key level , in that case i will go short after the corrective trend line get broken ,
and last but not least DON'T PRIDECT LET THE MARKET CHOOSE IT'S DIRECTION , TRADE SAFELY ;).
First of all We all know that we are in a down trend but the price touched a strong support level
so in my opinion we have three scenarios ,
the first one : The Price will go up and test the key level in that case if i noticed a rejection then i will go short ,
the second one : The price will break the key level , in that case i will wait for pullback and go long ,
the third one : the price will go directly down without testing the key level , in that case i will go short after the corrective trend line get broken ,
and last but not least DON'T PRIDECT LET THE MARKET CHOOSE IT'S DIRECTION , TRADE SAFELY ;).
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