EURUSD, should you buy or sell now?
EURUSD / 4H
Hello traders, welcome back to another market breakdown.
EURUSD is trading in a down trend. Yet, the price has almost reached the target for bears as a second leg down where bears take their profits and bulls know that so they go long.
Please note, this is a bulls back trade, meaning against the trend. New traders should wait and trade with the trend.
However, experienced traders can trade pull backs.
Bulls need a double to or some variation of a double top before they buy more.
Trade safe,
Trader Leo.
Hello traders, welcome back to another market breakdown.
EURUSD is trading in a down trend. Yet, the price has almost reached the target for bears as a second leg down where bears take their profits and bulls know that so they go long.
Please note, this is a bulls back trade, meaning against the trend. New traders should wait and trade with the trend.
However, experienced traders can trade pull backs.
Bulls need a double to or some variation of a double top before they buy more.
Trade safe,
Trader Leo.
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Youtube:
m.youtube.com/@beatthemarket4871
Our recommended broker EightCap: join.eightcap.com/visit/?bta=37691&brand=eightcap
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