AntoineLucion

EURUSD - 15mn Chart Short Analysis (Choppy Market)

Short
OANDA:EURUSD   Euro / Dollar Américain
I will wait for the market to go in a premium area (in this case above 0.5 Fib) to consider entering short in the marketplace. I will seek a setup that forms in this zone probably this evening until tomorrow noon we should have the reveal of what's coming next. If the market doesn't show me something I wanna see, I will avoid taking a trade, we don't just short a premium price and win, we look for more confluences as to why we decided to go in in the first place. Always keep in mind this market right now is very harder to read and choppy as I noted in the title, add the fact that EurUsd is in a Daily retracement higher since October 2021, so we could still se some higher prices in the next few days / weeks.
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