EURUSD SHORT - FLAT EXTENDED PATTERN
Although the EURUSD exceeded the value of 1.21, we observed that the generated movement gives us the impression that it is a "flat-extended" style correction pattern. It is advisable to wait for a good sell signal from the market to confirm this pattern and wait for a target of 1.15.
Stay tunned for updates of this idea.
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.