Here’s a detailed look at the EURUSD across multiple timeframes:
Weekly Chart:
- The market is in a sideways consolidation phase.
- The upper trendline has been respected, indicating a potential downside movement.
Daily Chart:
- Watch for a retest of the Fib-3 Bat Pattern, which could offer a prime shorting opportunity.
1-Hourly Chart:
- I’m eyeing a retest of the resistance at 1.0863 for a shorting opportunity.
What’s your trade plan for EURUSD? Comment down below and share your insights!
Happy trading!
Weekly Chart:
- The market is in a sideways consolidation phase.
- The upper trendline has been respected, indicating a potential downside movement.
Daily Chart:
- Watch for a retest of the Fib-3 Bat Pattern, which could offer a prime shorting opportunity.
1-Hourly Chart:
- I’m eyeing a retest of the resistance at 1.0863 for a shorting opportunity.
What’s your trade plan for EURUSD? Comment down below and share your insights!
Happy trading!
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🏦 Qualify Junior Analyst within 90days
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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.
🕒 15mins workday for Young Parents
🏦 Qualify Junior Analyst within 90days
🎤 Keynote Speaker
Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
instagram.com/raynlim/
🏦 Qualify Junior Analyst within 90days
🎤 Keynote Speaker
Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
instagram.com/raynlim/
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.