EURUSD, should you buy or sell now?

2022년 7월 14일

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.