Short

EURUSD WEEKLY SHORT

Updated

is that a shooting star formation in the horizon?

You're damn right it is.

I'm going short till 1.06

Comment

Looking at the weekly chart, the bearish candle has formed a bearish engulfing. expecting the price to fall to 1.058 for consolidation and a test of the rising trend line. TP should be around 1.058.

Comment

I'm closing this trade and taking the profits for now. Price action looks to be changing towards the upside. Thanks to the inverted head and shoulder pattern on the daily chart.

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