EURUSD – SPOT: Selling On A Breakdown Below The Inside Bar Pattern
Price Action: Price formed a Bearish Inside Bar Pattern just under the 1.1120 – 1.1284 short-term resistance area, overnight.
Potential Trade Idea 1: For more aggressive traders, we are considering selling on a breakdown below the current Bearish Inside Bar Pattern, whilst price remains below the 1.1120 – 1.1284 short-term resistance area.
Potential Trade Idea 2: We are considering waiting to see if the current Inside Bar Pattern turns into a Bearish Fakey Setup, whilst price remains below the 1.1120 – 1.1284 short-term resistance area.