Hello traders:
On EURUSD, the lower time frame is looking good for a sell to the recent lows for good R:R.
It has a strong move to the downside then form a larger continuation correction, show good signs of more bearish potential.
Now the price is forming a smaller correction on the lower time frame, I expect a breakout of the correction and hitting the lows before the bigger move to the upside.
Thank you
On EURUSD, the lower time frame is looking good for a sell to the recent lows for good R:R.
It has a strong move to the downside then form a larger continuation correction, show good signs of more bearish potential.
Now the price is forming a smaller correction on the lower time frame, I expect a breakout of the correction and hitting the lows before the bigger move to the upside.
Thank you
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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.