EURUSD - Potential Long

Trade idea with LT

DIRECTION: Bullish
Trap/Stop Hunt/Correction: Sells Trap completed
COT/News: In coming
Entry: up to you

Price Action: It looks like price is slowing down on its bear momentum and approaching a support. The trend still looks bearish but my bigger picture direction is long. We can see price going down first to induce more sellers and also stop those buyers before the move up. Depending on price action we might go up correctively or impulsively.

Be Patient and Risk well
Lorenzo J Tarati
Chart PatternsTrend AnalysisWave Analysis

Penafian