The pair is trading within a channel and has now hit reached the top of channel which also coincides with resistance.
Enter short if weekly candle ends in an engulfing pattern for reversal.
Target 100 pips or to bottom of channel.
EURUSD
Enter short if weekly candle ends in an engulfing pattern for reversal.
Target 100 pips or to bottom of channel.
EURUSD
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.