We can see EU making a bearish flag.
Price respected a resistance level and formed a bearish engulfing candle after the bounce off of the resistance.
Wait for next candle to clse bellow the flag to trade the breakout.
Best of luck!
Follow my channel for more simple trading strategies
Trading Simple International
#forex #eurusd #trading #marketstructure #priceaction #sellsetup
Price respected a resistance level and formed a bearish engulfing candle after the bounce off of the resistance.
Wait for next candle to clse bellow the flag to trade the breakout.
Best of luck!
Follow my channel for more simple trading strategies
Trading Simple International
#forex #eurusd #trading #marketstructure #priceaction #sellsetup
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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.