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EURUSD: Selling From Bearish Tailed Bar

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EURUSD – SPOT: Selling From Bearish Tailed Bar Signal

Price Action: Price formed a Bearish Tailed Bar Signal overnight.

The Bearish Pin Bar Signal that had formed earlier this week failed (We did not consider trading this signal).

Potential Trade Idea 1: For more aggressive traders, we are considering selling from the current Bearish Tailed Bar Signal.

Potential Trade Idea 2: We are considering selling on a retracement higher and after a price action sell signal whilst price remains below the 1.0635 – 1.0787 short-term resistance area.

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