Euro's rally has been impressive. However, it is encountering a major resistance, and it looks unable to punch right through it. After making a break-out over R1, it was blocked by R2. The current pattern looks toppish and bearish!

I made a bullish short time ago entry, unfortunately. But this time I would not make the same mistake like USD/JPY. After seeing the bearish retreat of Euro, I promptly arrange to make an exit, give away more than 15 pips. Alas, sleep well, opportunities exit every day! Note that, the upward trend that is defined by TL2 is by no means over. We just have to be patient and wait for the right opportunity!
Przetłumacz na Angielski Pokaż oryginał

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