Euro / Dólar Americano
Viés de alta

Is It Time To Buy EUR/USD? Yes Or No?

112

Hi Traders,

Happy Friday!

Today we are looking at a possible 4-Hour Order Block entry on EUR/USD
We have seen nothing but bearish price action for the past month on most FX pairs.

The DXY has been going parabolic
EUR/USD is currently sitting on support that hasn’t been seen since 2016.
Is this a good time to buy?
I only enter positions that match my setup and this could be a possible play.
Yes, it is a counter-trend which is not always advisable.
This is why I would only risk a very small position on this as I wouldn’t class this as an A grade Setup.

Hope you all have a fantastic weekend.
See you on the next one,

The Vortex Trader

Aviso legal

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