Expecting trend continuation, EURUSD is likely going to get rejected from this level again and traders are just looking for a excuse to buy dxy so if we get any good news for usd we know what will happen.
the grey zone is his short area target for entry, the top of the grey box may be his stop, although he may examine price action when the price reaches that area before he enters which is why the box is wide
timwest
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Do you stop yourself out if it goes above the gray bar you have drawn? Looks good. Also, Any idea what news will be coming out to drive the EURUSD from here?
AristotelCostel
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Maybe some Greek news. :D
ohitsZoya
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wow You are way more experienced than me, Thanks for visting my chart. The grey area is my entry point, When the price gets to that area i will examine the price action to enter. EUR last bullish candle was in that grey area which got rejected and also the structure on the left shows eur will likely to struggle breaking that area so thats why i think it will be a good entry point.