EURUSD Short bias
Short bias for EURUSD.
Pay attention when price enters yellow area. Any sign of reversal (candlestick patterns, smaller time frame reversal pattern) in this area should be considered for short entry.
Once price rejected yellow area & going down, it could be looking for demand area (green). Price could reverse back here & we will study price action in this area, whether to long or short EURUSD.
Short could continue to next demand area if it breaks & reject the nearest demand area.
Pay attention when price enters yellow area. Any sign of reversal (candlestick patterns, smaller time frame reversal pattern) in this area should be considered for short entry.
Once price rejected yellow area & going down, it could be looking for demand area (green). Price could reverse back here & we will study price action in this area, whether to long or short EURUSD.
Short could continue to next demand area if it breaks & reject the nearest demand area.
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