Lets take a looksee at EU then. We have a triangle pattern on the H4 and all the MA are converging together ready for a breakout. The trend is down and price has just bounced off the 21 EMA and is jammed against the botton TL of the triangle. I will probably wait for price to make a lower low below the bottom TL before taking a short. My preference for a long is way off at the moment due to current world conditions.
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