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MHD Signals by Joseph

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  • The EURUSD broke below the 4 months trading range this week after a LOT of ups and downs and after many false breakouts. However, on Friday, the pair reversed up again, which creates confusion about the next probable move! The currency pair will probably be sideways for a few days and hope fully not weeks, before traders will conclude that the trading range will continue or a bear trend is underway.

    Keep tuned!

    Br
    Joseph

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      • That sounds interesting

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        • Originally posted by MHDtrader View Post
          The EURUSD broke below the 4 months trading range this week after a LOT of ups and downs and after many false breakouts. However, on Friday, the pair reversed up again, which creates confusion about the next probable move! The currency pair will probably be sideways for a few days and hope fully not weeks, before traders will conclude that the trading range will continue or a bear trend is underway.

          Keep tuned!

          Br
          Joseph
          ATH was 16 months ago. If the trading conditions are not suitable, why continue to use the same algo?

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