1,3922. EUR USD is in a consolidation after the last bearish movement. EUR USD is in a range between 1,3800 and 1,3985. EUR USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Bollinger bands are flat. ForexTrend is in a bullish configuration. The price should find a resistance below 1,3925 (3 pips). The downtrend should continue to gather momentum.
We could take a short position at 1,3920. We will put the stop loss above 1,3980 (-60 pips). The targets are 1,3800 (+120 pips, risk/reward 1:2), 1,3770 (+150 pips, risk/reward 1:2.5) . Each trade is dangerous, take care and put your stop loss.
A million steps start with the 1st step
No doubt it goes along with emotions:):)