EURUSD Short
from The "Forex Morning Mayhem" Podcast Hosted by Bill Skrzypczak
Bill discussed a short trade he was in on EUR/USD, noting the current bearish swing and increasing volume to the downside. He mentioned being up about 19-20 pips and highlighted a significant area of support that price had fallen through and then bounced off. Bill explained that he entered the trade based on a syzygy signal and used a simple analysis of swing direction, volume, and support/resistance levels. He shared his expectation for the trade to potentially reach a pivot point and expressed satisfaction with the trade's progress so far.
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