Please take a look at the EURUSD 4H chart:
I wasn’t sure the EURUSD was out of the short term range but earlier today, the EURUSD broke through the short term resistance level, triggering the bullish market condition. The Euro is now trading above every important short term level.
As long as the EURUSD trades above 1.3633 (HOPS1), I will be looking for long trade opportunities.
Short opportunities are out of play
I’ve been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .