Euro BEAR Smells PANIC and Ready to DEVOUR. Do you smell it too?
Looking at the charts, I cannot keep my eyes off of March 20 MEGA Selloff.
I scanned back to 2016/2017 and saw price this low.
With USD becoming stronger combined with Euro's long downtrend,
it makes sense to go deeper before it can have a full trend.
The massive liquidity created by the March 20 selloff is too juicy for Institutions to let go.
And on top of that, the 2016/2017 low is just below within reach.
I definitely see the price go to these levels before it can have an uninterrupted
bull run.
All of these liquidity combined will catapult Euro to the moon.
So I'm going to bearish until I see confirmation for reverse trend.
I scanned back to 2016/2017 and saw price this low.
With USD becoming stronger combined with Euro's long downtrend,
it makes sense to go deeper before it can have a full trend.
The massive liquidity created by the March 20 selloff is too juicy for Institutions to let go.
And on top of that, the 2016/2017 low is just below within reach.
I definitely see the price go to these levels before it can have an uninterrupted
bull run.
All of these liquidity combined will catapult Euro to the moon.
So I'm going to bearish until I see confirmation for reverse trend.