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I will from now on post a daily analysis each working day for Forex pairs, so don't forget to follow me for more!
EUR/USD pair is testing strong resistance level, a previous high, but has drawn a strong bearish reversal divergence pattern.
Also, the price is forming bearish formation such as rising wedge, but in the end it can be a bear flag, but the outcome will be the same, short.
On the chart you can see my entry, stop loss and take profit level with a good risk reward ratio of 3:1
Don't forget to follow me, to not miss out on a good trade opportunities😉
Each "agree" is very much appreciated! 🙌
I will from now on post a daily analysis each working day for Forex pairs, so don't forget to follow me for more!
EUR/USD pair is testing strong resistance level, a previous high, but has drawn a strong bearish reversal divergence pattern.
Also, the price is forming bearish formation such as rising wedge, but in the end it can be a bear flag, but the outcome will be the same, short.
On the chart you can see my entry, stop loss and take profit level with a good risk reward ratio of 3:1
Don't forget to follow me, to not miss out on a good trade opportunities😉
Each "agree" is very much appreciated! 🙌
Trade active
Entered below slightly below 1.11800.Trade closed: stop reached
SL hit -30 pips ❌
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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.
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.