EURUSD is very oversold on my chart. Before this I said I will buy when the price hit the lower daily trendline, so I did. But the price still going down about -16-20 pips. I don’t like this.
I am still expecting some bullish on EURUSD for the next week, either for retracement or maybe some changes that might be caused by fundamental.
I also believe that, there is a beartrap existed on that falling wedges pattern on EURUSD 4 hour timeframe. Hope I will not trapped with it.