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Posted on Nov 22, 2021 at 04:00 PM
Hello there! There’s a massacre going on somewhere that requires your own jury to do justice...
Since the beginning of the last Quarter of 2021, EUR/USD has been steadily dropping, reminding us of the popular nursery rhyme “London Bridge is Falling Down”.
Effectively since Tuesday, 19th of October, 2021, the pair has done a staggering 405 pips. See my H1 Charts below:
In fact, there’s more interesting stuff.
In November 2021 alone, the pair delivered its best performance of 345 pips; an average of 170 pips every week just SELLING the EUR/USD pair. Again, see my H1 screenshot below.
The pair is still thirsty to go down some more 120 pips, targeting the 1.1180 Support level. This implies means that SELL opportunities abound.
Now, I don’t know what your account balance reads but that’s free money for you on the table if you’re a Forex Trader. Go ahead to crosscheck with your strategy now and find your entry as it goes down again.
Goodluck smashing all the profits!