EURUSD BEARISH FLAG OR BULLISH REVERSAL?
Good day traders
as we have seen that EURUSD has been on a down trend for a while now. we had the liquidity below the lows taken with weak retracement and further push to the down side. we see that pattern repeating it self to fall back down to the daily DEMAND zone. so a slight retracement into 1.17520 to fill imbalance before completing the bearish flag pattern to the downside
1.17000 as target 1 and
1.16800 as target 2
good luck
as we have seen that EURUSD has been on a down trend for a while now. we had the liquidity below the lows taken with weak retracement and further push to the down side. we see that pattern repeating it self to fall back down to the daily DEMAND zone. so a slight retracement into 1.17520 to fill imbalance before completing the bearish flag pattern to the downside
1.17000 as target 1 and
1.16800 as target 2
good luck
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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.
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.