Hello Everyone!
How are you all?
EurUsd is a pair to watch this week, because it is shaping up very nicely for a bearish trend continuation that we can capitalize on.
So, I will be looking for a bearish continuation because of the following reasons:
1. On the HTF, the price has rejected the VA.
2. The price has formed a reversal structure, HnS pattern.
3. The price is potentially forming a bearish flag.
Game Plan:
If the price completes a 1H flag with two highs and lows.
Entry : will look for a risk sell entry within the flag if it sweeps through the neckline.
How are you all?
EurUsd is a pair to watch this week, because it is shaping up very nicely for a bearish trend continuation that we can capitalize on.
So, I will be looking for a bearish continuation because of the following reasons:
1. On the HTF, the price has rejected the VA.
2. The price has formed a reversal structure, HnS pattern.
3. The price is potentially forming a bearish flag.
Game Plan:
If the price completes a 1H flag with two highs and lows.
Entry : will look for a risk sell entry within the flag if it sweeps through the neckline.
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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.
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.