Sodiska,
I think your analysis makes sense, and good that you discovered the 2 day PB...
However if you go short NOW, you will be trading right in to the big round number 1.3000.
The prior weekly candle has as its low 1.30007, so a close below that on a preferably WEEKLY basis would be a bit less risky.
But maybe fxgroup makes a video about EURUSD, or any other pair what he might be watching now.
If we have the classic " Sell in May and go away " scenario in US Indices, we have only 1 week left before some less indecisive moves in many major pairs will be coming.
Until then I will be waiting.
Good luck and only the best to you.
Mike
I think your analysis makes sense, and good that you discovered the 2 day PB...
However if you go short NOW, you will be trading right in to the big round number 1.3000.
The prior weekly candle has as its low 1.30007, so a close below that on a preferably WEEKLY basis would be a bit less risky.
But maybe fxgroup makes a video about EURUSD, or any other pair what he might be watching now.
If we have the classic " Sell in May and go away " scenario in US Indices, we have only 1 week left before some less indecisive moves in many major pairs will be coming.
Until then I will be waiting.
Good luck and only the best to you.
Mike
Be like water.