Becareful EURUSD intraday traders
Posted: Fri Aug 07, 2020 7:24 pm
currently:
Heavily manipulation
the only plays are real quick scalps toward mean reversal in small 15 min consolidation nodes
-and-
intraday trend with a wide stop
support @ 1785... more likely a target
Use fibs
becareful of breakout/breakdown plays as the moves are going to be truncated.
Also note: looks like unwinding long positions
All algo and no human volume
and if you didn't realize, you are actually trading the US dollar inversely.
Heavily manipulation
the only plays are real quick scalps toward mean reversal in small 15 min consolidation nodes
-and-
intraday trend with a wide stop
support @ 1785... more likely a target
Use fibs
becareful of breakout/breakdown plays as the moves are going to be truncated.
Also note: looks like unwinding long positions
All algo and no human volume
and if you didn't realize, you are actually trading the US dollar inversely.