There seems to be no end to this sideways trend that EUR/USD has been forming for the last couple weeks.
You could argue that some sort of SUPLY formed on the h1 and m30 timeframes, since plenty of volume came in to the market (news related), but still... the price failed to break significant structure and provide us with a new low...
there fore, seeking sells in these market conditions is a bit risky for my taste. I'm staying away until we get a CLEAN break of this consodliation!
*MANAGE YOUR RISK, TRADE SAFE!*
Best regards, T.
You could argue that some sort of SUPLY formed on the h1 and m30 timeframes, since plenty of volume came in to the market (news related), but still... the price failed to break significant structure and provide us with a new low...
there fore, seeking sells in these market conditions is a bit risky for my taste. I'm staying away until we get a CLEAN break of this consodliation!
*MANAGE YOUR RISK, TRADE SAFE!*
Best regards, T.