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EUR/USD Long Counter-Trend Setup (4H/8H Timeframes)
EURUSD
, 240
Long
EURUSD: EUR/USD Long Counter-Trend Setup (4H/8H Timeframes)
Oct 19, 2024

I’m looking at a long counter-trend trade on EUR/USD based on several technical confluences across multiple timeframes. Market Sentiment: Currently, risk sentiment is “risk-off,” which has pushed the dollar higher, but now we’re seeing signs of a potential reversal in both EUR/USD and the Dollar Index (DXY). Key Observations: Engulfing Candles on the Daily...

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