EUR/USD
Daily Timeframe has formed Tweezer Top featuring Hanging man (Reversal Patterns)
Step down to 4 Hour to place trade
Awaiting 8 EMA to Cross Over the 21 MA to confirm bearish sentiment
Entry will be placed as soon as a clear break occurs below the Rectangle
Price may more than likely bounce off @1.13000 support region, potentially breaking @1.5000 resistance area
Step down to 4 Hour to place trade
Awaiting 8 EMA to Cross Over the 21 MA to confirm bearish sentiment
Entry will be placed as soon as a clear break occurs below the Rectangle
Price may more than likely bounce off @1.13000 support region, potentially breaking @1.5000 resistance area
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.