EURUSD Look for Confirmation Sell
Hello traders:
EURUSD is showing us good bearish price action on the lower time frame for continuations.
We see the price from the top has had an ascending channel to reverse the LTF price.
As it continues to the low, it formed another correction.
These are good sign for the bearish momentum to continue.
Finally, a confirmed breakout from this HTF wedge structure follow by continuation correction would be my confirmation to look for the sell entry down.
Thank you
EURUSD is showing us good bearish price action on the lower time frame for continuations.
We see the price from the top has had an ascending channel to reverse the LTF price.
As it continues to the low, it formed another correction.
These are good sign for the bearish momentum to continue.
Finally, a confirmed breakout from this HTF wedge structure follow by continuation correction would be my confirmation to look for the sell entry down.
Thank you
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.