Euro / U.S. DollarShort
EUR/USD Bearish Pennant
Updated
The EUR/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Bearish Pennant pattern. This suggests a shift in momentum towards the downside in the coming Hours.
Key Points:
Sell Entry: Consider entering a short position around close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 1.0242
2nd Support – 1.0205
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Key Points:
Sell Entry: Consider entering a short position around close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 1.0242
2nd Support – 1.0205
🎁 Please hit the like button and
🎁 Leave a comment to support for My Post !
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI_TA_TRADING
Thank you.
Trade active
Take Entry nowNote
Today High Impact News :
CHF - Unemployment Rate
USD - Nonfarm Payroll
CAD - Employment Change
Trade closed: target reached
with Good Profit
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