A bearish week
Hi everyone this how i see the eurusd this week ...
First of all last week we had a break of structure ...
So most likely we are going up , but i have a few reasons that make me think the other way ...
1-the price is reaching a sell area .
2-the price is forming a wedge pattern .
3- the price did not retest the area that broke the structure .
4- i think the bulles are a bit tired 😝 so thay need to have a break before pushing the price up .
The other scanrio is the price break the pattern to the upside , but i think we will have a bearish week .
If you like the idea give it a thumbs up 😜👍🏻.
Trade safely 🤍
First of all last week we had a break of structure ...
So most likely we are going up , but i have a few reasons that make me think the other way ...
1-the price is reaching a sell area .
2-the price is forming a wedge pattern .
3- the price did not retest the area that broke the structure .
4- i think the bulles are a bit tired 😝 so thay need to have a break before pushing the price up .
The other scanrio is the price break the pattern to the upside , but i think we will have a bearish week .
If you like the idea give it a thumbs up 😜👍🏻.
Trade safely 🤍
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