EURUSD / 4H
EURUSD has been trading in a down-trend. The price has been in a deep pull back after testing the 7 years trading range.
However, V shapes are very rare, before reversing the trend, price tend to develope a trading range first. Based on this I'm still bearish EURUSD.
Check out the chart for a potential setup, head and 2 shoulders patter might be developing here.
Trade safe,
Trader Leo.
EURUSD has been trading in a down-trend. The price has been in a deep pull back after testing the 7 years trading range.
However, V shapes are very rare, before reversing the trend, price tend to develope a trading range first. Based on this I'm still bearish EURUSD.
Check out the chart for a potential setup, head and 2 shoulders patter might be developing here.
Trade safe,
Trader Leo.
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m.youtube.com/@beatthemarket4871
Our recommended broker EightCap: join.eightcap.com/visit/?bta=37691&brand=eightcap