EURUSD is in balance now.
There are 2 options in this case:
1. Trade from the balance level in the previous trend direction. (previous - down trend)
2. Trade after consolidation will be break up/down.
If the prise stays within balance it is a good idea do not trade at all, otherwise you'll get a loss.
Trade recommendations:
1. Sell after balance high level will be false broken.
2. Waiting for balance will go down then we'll sell it on correction to balance level.
There are 2 options in this case:
1. Trade from the balance level in the previous trend direction. (previous - down trend)
2. Trade after consolidation will be break up/down.
If the prise stays within balance it is a good idea do not trade at all, otherwise you'll get a loss.
Trade recommendations:
1. Sell after balance high level will be false broken.
2. Waiting for balance will go down then we'll sell it on correction to balance level.
Ordre annulé:
It looks like a false break down