MY INTRADAY PERSPECTIVE IN EURUSD
As seen on the 4h chart, EURUSD is still on a downward trend (which was initially caused by the spike on US Yields last week). What I see happening is a formation of an M on the 4h chart to continue the bearish movement to form a new Higher Low.
OR price would be retesting yesterday's high. At that point, I'd be expecting bears to be lock and loaded to continue the trend.
TRADE IS VALID IF BEARISHNESS PERSISTS DURING THE US SESSION.
Please trade at your own risk.
As seen on the 4h chart, EURUSD is still on a downward trend (which was initially caused by the spike on US Yields last week). What I see happening is a formation of an M on the 4h chart to continue the bearish movement to form a new Higher Low.
OR price would be retesting yesterday's high. At that point, I'd be expecting bears to be lock and loaded to continue the trend.
TRADE IS VALID IF BEARISHNESS PERSISTS DURING THE US SESSION.
Please trade at your own risk.
Nota
Pardon me. I meant to say Lower Low*
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.