DislikedI see a reverse head and shoulder pattern for eurusd and it has also crossed over the 200 MA. Do you really think it's still in a general downtrend despite the strong upward move starting from yesterday? Many analysts are also saying euro has reversed the downtrend and is now starting to go up again. Look at http://www.bloomberg.com. There is an interview with a guy named Bennett who is saying that Dollar is near end of recovery against euro.
I am very new to forex trading, so I don't really have any experience. I would love to know your more experienced and detailed explanation as to why you went in short again. Besides, I am also in a short position, and very stuck.
Thank you.Ignored
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