From EURUSD 1 hour chart-- wait for a candlestick of PA to break noted red trend line of bullish PA last week (inside of orange triangle area), before going short. EMA 50 (purple line) is still underneath PA, so bulls still are in control at this time. I think that a major TREND change to the bears will happen within the 1st couple of hours of trading---- then start of a Elliot Impulse Wave 1-5 cycle down will be going on for the remainder of week.
When trading short term charts make sure that you use Trends, Support & Resistance areas, Round PA psychological numbers. Wishing you all best with trading and keep your emotions in check, clear your mind and all will work out..
When trading short term charts make sure that you use Trends, Support & Resistance areas, Round PA psychological numbers. Wishing you all best with trading and keep your emotions in check, clear your mind and all will work out..