EURUSD - 29 June 2022
Bearish momentum seems like unable to follow through atm, price just wick through the previous low. However, this still not enough to convince me there is a bullish intention yet, wait for further PA development.
If price gives a strong bullish impulsive move from here which formed a V-shape recovery, I might consider for Long as this break might be a liquidation of structural LQ from the left.
As a conclusion, it's better to wait for price to show bullish intention (eg. bullish impulsive move) to play a Long from here.
If price gives a strong bullish impulsive move from here which formed a V-shape recovery, I might consider for Long as this break might be a liquidation of structural LQ from the left.
As a conclusion, it's better to wait for price to show bullish intention (eg. bullish impulsive move) to play a Long from here.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.