-Anticipating upcoming week to have some bullishness in price action, looking for Technical Bounce at Trendline Support to long, while remaining opened in Short Positioning regarding Macro and Higher Time Frames.
Every bounce may be short-lived, so bear in mind this scenario when looking for your next Short Opportunity on EUR/USD. Maybe you'll enjoy having a trade open for months periods of times
Negative momentum has started to slow a bit, finding technical base floor of support (1.04775 - 1.05300). TP1 and TP2 hit (patience needed for other TP targets)
Meanwhile looking for Buy setups (swing) while the main Trend REMAINS to South until further Price Action confirmation (Market Structure) as Trend Shift Validation.
Do not be fazed by the recent jump on EUR/USD. Main Trend remains Bearish with a Strong DXY printing 11 Consecutive Gren Weekly Candlsticks.
Overall its been a good Summer Shorting EUR/USD to say the least
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