This is where patience comes into play. EUR/USD has been moving more or less sideways for quite some time now.
At this point in time, i dont want to predict what will happen next. I will just react to what actualy happens!
Waiting for a breakout of the consolidation and then for further volume and trend confirmation. Overall i would still prefer shorts over longs, since price hasn't shown any real bullish power.
*TRADE SAFE AND ALWAYS FOLOW YOUR RISK MANAGEMENT PLAN*
Have a good week in the market guys, T.
At this point in time, i dont want to predict what will happen next. I will just react to what actualy happens!
Waiting for a breakout of the consolidation and then for further volume and trend confirmation. Overall i would still prefer shorts over longs, since price hasn't shown any real bullish power.
*TRADE SAFE AND ALWAYS FOLOW YOUR RISK MANAGEMENT PLAN*
Have a good week in the market guys, T.