Euro / US-DollarLong
Long?
In this chart, we have a bullish trend as you may see through the Trend line draw under the candles.
We should look for bearish oppurtonities when in a bullish trendline
With this setup, we can see it can't get throught the High Zone above drawn. Since it can't go over it, we should wait for more candle movements and then look for possible rejections which can indicate us a bull or sell movement
In a long term, a believe it will go up which is what indicates the Technical Analysis after making some bearish movement.
Watch out for the Stop Hunts or Liquidity Grabs
We should look for bearish oppurtonities when in a bullish trendline
With this setup, we can see it can't get throught the High Zone above drawn. Since it can't go over it, we should wait for more candle movements and then look for possible rejections which can indicate us a bull or sell movement
In a long term, a believe it will go up which is what indicates the Technical Analysis after making some bearish movement.
Watch out for the Stop Hunts or Liquidity Grabs
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