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18.02.202010:26 Forex Analysis & Reviews: Trader's Diary: EUR/USD on 02/18/2020, Trend down

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Above is the daily chart of EUR / USD.

As you can see, for the third trading day, the euro is marking a bit above the level of 1.0800.

Perhaps we are dealing with the reception of large players, which I would call "freezing" when seeing the inevitable movement. But at the same time undesirable for large players, the movement is kept for a long time in the range in the expectation that traders get tired of holding positions and will to consolidate, thereby creating a reverse movement.

Do not wait, ladies and gentlemen. For those who survived the trend could only make it after a year and a half - do not buy this trick.

We are waiting for a break down 1.0800 and movement to 1.0600.

We keep sales from 1.0990 (stop at breakeven).

Sell with bounces to the top from 1.0880 and above.

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