𝐁𝐞𝐚𝐫𝐢𝐬𝐡 𝐒𝐡𝐢𝐟𝐭 𝐢𝐧 𝐄𝐔𝐑/𝐔𝐒𝐃; 15 min chart
The EUR/USD pair has shown a notable shift in momentum, marking the end of its bullish trend that commenced on February 15th. As of today, February 28th, we are witnessing the initial stages of a bearish reversal, suggesting a potential change in market sentiment towards the Euro against the US Dollar.
1️⃣. Trend Reversal: After a sustained period of bullish activity, technical indicators now signal a bearish reversal. This shift is characterized by a break below key support levels and a change in volume dynamics, indicating increased selling pressure.
2️⃣. Target Projection: The pair is expected to experience a decline, with an initial target set at a 40 pip depth from its current position. Traders should monitor for a consistent downward movement as confirmation of bearish momentum.
1️⃣. Trend Reversal: After a sustained period of bullish activity, technical indicators now signal a bearish reversal. This shift is characterized by a break below key support levels and a change in volume dynamics, indicating increased selling pressure.
2️⃣. Target Projection: The pair is expected to experience a decline, with an initial target set at a 40 pip depth from its current position. Traders should monitor for a consistent downward movement as confirmation of bearish momentum.
Comment:
Yes, embarking on the epic journey to the sacred end goal!
