EURUSD Jan. 2025 "Numbers"

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All currencies appearing in this post are fictitious.
Any resemblance to real currencies, existing or dead, is purely coincidental.

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The situation is looing like "Pump the Trump" before inaguration on several risk markets.
Have a nice trading ahead.

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أغلقت الصفقة: تم الوصول للهدف

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The nature of the current north attempts to go higher are a bit nervous from my opinion.
As the min req are filled, there is a risk of strong south continuation.
Anyway currently it is mostly driven by "news".

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I wrote about situation like "Pump the Trump" and he and his friends start this scam bag story with trump and his wife coin.
This is pure ponzi and cud be a grave point to the whole crypto industry.
In any case it can bring a lot of harm.

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trading active.

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What is the worst part of Trump?
The worst part is ego and unpredictable moves.
Seems we face very interesting, but very nervous 4 years ahead.

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If you look at the north moves you can find that they are impulse (in my opinion) and south ones are corrections. This gives us a hope for a new north spike and looks like sharp.

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As you can see we have 1.0434 as some kind of pivot and 1.0460 as resistance.
All in all this story is close to top regarding price, but not time... Another week of flat?

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Close to top - means only in my view, I will add to core shorts in case of further north.
Use MM properly regarding your own trade setups.

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