Short EURUSD - Anticipating good US data (No Entry Yet)
Beside my GBP trade, I'm also looking at US data release. It's a preset for tomorrow CPI release which also anticipated to be good. The reason I don't want to pull the trigger right away is because retail sentiment is also pointing toward a Short on this pair and that makes me worry maybe as the price increase and slowly work through all those SL I may have a better entry. My trig.ger is when retail sentiments start to move to the long EURUSD side (short USD) I will enter.
The more the retracement the more happy I am at the moment, probably to back to 1.2 and even try hovering nearer to 1.205.
The more the retracement the more happy I am at the moment, probably to back to 1.2 and even try hovering nearer to 1.205.
Penafian
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