Re: EUR/USD

1217
mlawson71 wrote: Sun Jan 23, 2022 2:11 am It definitely looked like it had for a while. I confess I am pretty disappointed right now.
As so often, I don't understand the discussion.
Price is still in a downward trend on the Weekly and - for the last 9 weeks - has been in a classic pullback to higher TF (monthly). When it reached this it was - as can be expected - rejected.
Now - whether the downtrend (which started middle of June last year) is resumed or another attempt to break upwards will start, is as yet totally unclear.
Instead of disappointment: trade the weekly (upward) range (Al Brooks' book on ranges...)
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