EURUSD SHORT TRADE SETUP, SELL THE BREAK OUT

By jojofang0901
Updated
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
Comment
Here is the daily chart:

snapshot
Candlestick AnalysisdollarEUReuroFibonacciSupport and ResistanceUSD
jojofang0901

Related publications

Disclaimer