Hey tradomaniacs,
recent news by the ECB have caused a sharp drop in EUR/USD (Was pretty obvious as the ECB is not here to fight inflation, instead to provide liquidity to help suffering countries).
Ever since we have the huge divergence between the FED and ECB im generally looking for sells in EUR/USD until something changes in Lagardes monetary policy.
However, technically a great short with high risk-reward. Market-depth clearly showing a spoof by fake-buyers right at the resistance (adding and pulling liquidity before triggered).
What do you think?
recent news by the ECB have caused a sharp drop in EUR/USD (Was pretty obvious as the ECB is not here to fight inflation, instead to provide liquidity to help suffering countries).
Ever since we have the huge divergence between the FED and ECB im generally looking for sells in EUR/USD until something changes in Lagardes monetary policy.
However, technically a great short with high risk-reward. Market-depth clearly showing a spoof by fake-buyers right at the resistance (adding and pulling liquidity before triggered).
What do you think?
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