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šŸŽ©šŸ”Ž $EURUSD šŸ“Š Retail Sentiment - April 23rd'24

šŸŽ©ā˜•ļø Good morning my trading family! How's things!?


$EURUSD - starting it's upside pressure now. šŸ“Š Retail offloading more of their long positions but most long volume has already decreased. Watch for šŸ”“ shorts to start increasing as price continues higher.



5 Comments


gav_whyte
Apr 23, 2024

Thanks for the analysis Kevin. Is there a reason why you prefer to wait for a future short signal as and not take a long at these levels? I think you gave a reason before somewhere (higher timeframe down trend?) but my memory is awful 😊

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šŸŽ©šŸ”Ž $eurusd - retail 65% long - continue to offload their long exposure. Waiting for this move up was not easy but the šŸŽž storyline suggested this move was coming.



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viking
Apr 23, 2024

This looks like a TradingView chart, but what about the indicator in the bottom frame, does it have a name and is it available somewhere?

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viking
Apr 23, 2024
Replying to

Ah that is awesome! Plain old handy work at its best.

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