EU 15
Took a 50 pip partial profit on EURUSD as it stalled. Looking to add on with a tight stop as a last resort effort for the bulls around 1.2447. Seeing the current selloff as a failure ATTEMPT, which is not yet a fact -- could still trap enough fresh sellers and rally to new highs. May also form some sort of converging triangle breakout mode setup around the EMA. Looking for sideways down to the Lime trendline and then buy a failed breakout below it. If it goes straight down though, the bull case will be over for me.
Took a 50 pip partial profit on EURUSD as it stalled. Looking to add on with a tight stop as a last resort effort for the bulls around 1.2447. Seeing the current selloff as a failure ATTEMPT, which is not yet a fact -- could still trap enough fresh sellers and rally to new highs. May also form some sort of converging triangle breakout mode setup around the EMA. Looking for sideways down to the Lime trendline and then buy a failed breakout below it. If it goes straight down though, the bull case will be over for me.
"To the busy day / To the idle play"