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I will from now on post a daily analysis each working day for Forex pairs, so don't forget to follow me for more!
EUR/USD pair is testing strong resistance level, a previous high, but has drawn a strong bearish reversal divergence pattern.
Also, the price is forming bearish formation such as rising wedge, but in the end it can be a bear flag, but the outcome will be the same, short.
On the chart you can see my entry, stop loss and take profit level with a good risk reward ratio of 3:1
Don't forget to follow me, to not miss out on a good trade opportunities😉
Each "agree" is very much appreciated! 🙌
I will from now on post a daily analysis each working day for Forex pairs, so don't forget to follow me for more!
EUR/USD pair is testing strong resistance level, a previous high, but has drawn a strong bearish reversal divergence pattern.
Also, the price is forming bearish formation such as rising wedge, but in the end it can be a bear flag, but the outcome will be the same, short.
On the chart you can see my entry, stop loss and take profit level with a good risk reward ratio of 3:1
Don't forget to follow me, to not miss out on a good trade opportunities😉
Each "agree" is very much appreciated! 🙌
Trade active:
Entered below slightly below 1.11800.
Trade closed: stop reached:
SL hit -30 pips ❌