EURUSD Indecisive Mode

There are times when traders need to be patient and there are times when traders need to be decisive and act. Today, I’m sitting on the side while I await Price Action on EURUSD to make it’s decision.

The following is a EURUSD 4 Hour chart. As shown, this is another classic indecision pattern which is very similar the the AUDUSD pattern (click to see article) that I posted last week. At the moment, Price could potentially move in either direction.

(Click on image for Larger View)

Thank you for reading and happy trading!

Leave A Response