TheSignalyst

EURUSD - Potential Bearish Reversal!

OANDA:EURUSD   Euro / Dollar AS
Hello everyone, if you like the idea, do not forget to support with a like and follow.

EURUSD is sitting around Weekly Resistance in blue so we will be looking for sell setups on lower timeframes.

on H4: EURUSD is forming a wedge pattern in red but the lower trendline is not valid yet, so we will be waiting for a third swing to form around it. (projection in purple)

Trigger => Waiting for that swing to form then sell after a momentum candle close below it. (gray area)

Until the sell is activated, EURUSD would be overall bullish and can still dive inside the blue zone.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

This analysis is done using RichTL
www.RichTL.com

My Telegram Channel
www.t.me/thesignalyst

Buy CRGPT on Uniswap
cutt.ly/CRGPT
Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.