Hi everyone:
We have a nice short entry on EURUSD, at the 4 hr chart is forming a nice bearish flag pattern, and daily chart has hit a resistance zone around 1.1670.
Wait for a strong breakout, bearish reversal candle forming on the intraday charts before entering the short position.
Potential target around 1.1460, 38.20% area on the daily chart.
Thank you for your support and feedback.
JoJo
We have a nice short entry on EURUSD, at the 4 hr chart is forming a nice bearish flag pattern, and daily chart has hit a resistance zone around 1.1670.
Wait for a strong breakout, bearish reversal candle forming on the intraday charts before entering the short position.
Potential target around 1.1460, 38.20% area on the daily chart.
Thank you for your support and feedback.
JoJo
Note
Here is the daily chart:
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Related publications
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.