EURUSD The Herd is shorting

268
The EURUSD pair is getting hammered by too many shorts by retail traders; in fact, 70% of retail traders are shorting EURUSD.
According to the crowd theory : (the crowd is always wrong)

And powered by the rising money flow to the EUR we conclude that the price will go up a bit (60-100 pips)

The last downward movement was characterized by a “surge” in retail sellers. This is a good reason to start thinking about long positions.

Entry: 1.1320
TP1: 1.1385
TP2: 1.1405
SL: 1.1250

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.