eurusd weekly
Updated
There is enough evidence to point out a buy for this pair, .78 fib is the last line of defense, so if supported great R:R, plus TL and trader's trap on the daily, peak reversal on the 4H and a new structure high that hasn't been tested yet. Or it could drop like a rubber chicken kicked off the empire state building.
Trade active
On the daily the new high was tested several times though, so could slip into a reversal, keep an eye out.Trade active
This is the worst best trade I've seen in a long time. Take a look at a 2day chart and where it is in relation to the 200ema. It's either a super winner or super trap.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.