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VasilyTrader
Mar 13, 2021 11:33 AM

EURUSD: Price Action & Trading Opportunity for Next Week Short

EUR/USDOANDA

Description



Hey traders,

EURUSD is ahead of a strong daily/4h resistance cluster.

We already saw a positive bearish reaction from that this week
and it looks like the market is preparing for one more test of that.


To short the market wisely,
wait for a bearish breakout of a support line of a bullish flag pattern on 4H.
It will be a nice confirmation.

Remember, in case if the price goes above the red zone, setup will be invalid.

Please, support my analysis with like!

Have a great weekend!

Comment

Check my new analysis on USDJPY:
Comments
kennypilanski
Very interesting, Good work as always
HollyDary
Thanks for sharing this wonderful information...
VasilyTrader
@HollyDary, you are welcome my friend 🙏
VasilyTrader
To catch a bearish move, wait for a breakout traders!
AGREED?)
sahelabshari
@VasilyTrader, 👌👌
VasilyTrader
@sahelabshari, thank you buddy 😊
Donajor8
Looks clean
nicker
What does a positive bearish reaction mean, please? tx
lukaszl
i dont see how this is a bullish flag pattern, pole is downtrend, then the flag, then the continuation.
so downtrend ?
RodrigoFAC
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