Closed a short trade with a few more pips...will take a break for now.
Quote from FX4Newbies:
Price has broken the MLH of the green fork and Sliding Parallel as well. We actually watched it go to the red ML and is also below the lower blue S/R line.
Will it move up to retest blue Resistance line then fall?
Very tricky spot...so much can happen to change the direction.
Decisions, decisions![]()
.Quote from FX4Newbies:
Now here's the story...the way I see it:
Definitely see some bullish sentiment, however, price did break the trendline on this chart.
Not satisfied that price will really take off...thinking it may fall some more. Just not sure. Also Euro news out at 4am EST.
Will be watching to see how it begins to move..
P.S. There was a quick bullish trade a little over an hour ago...oh well, there will be more.