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RaynLim

Navigating the Weaker Bullish Setup

Short
Euro / U.S. Dollar (FX:EURUSD)  
RaynLim  
FX:EURUSD   Euro / U.S. Dollar
Flag Supply and Demand Gartley askforex100 EURUSD countertrend bearflags bearishdeepgartley deepgartleypattern type2 Contains IO script
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flagpattern supplyanddemand gartleypattern askforex100 eurusd countertrend bearflags bearishdeepgartley deepgartleypattern type2 containsioscript
  • The EURUSD displays a Weaker Bull setup on the Weekly Chart.

Aggressive Approach:

  • Opting for an assertive stance by seeking a shorting opportunity.

Option 1: Daily Chart - Bearish Flag Pattern

  • Waiting for a retest at the resistance level of 1.0620 before considering a short position

Option 2: 1 Hourly Chart - Type 2 Bearish Deep Gartley Pattern

  • Awaiting a retest at 1.0584 as part of the shorting opportunity strategy.

I'm intrigued to hear your perspective. Which option resonates with you, and what's your rationale? Feel free to share your insights below!
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