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RaynLim
Dec 18, 2022 10:46 AM

EURUSD-Weekly Market Analysis-Dec22,Wk3 Short

Euro Fx/U.S. DollarFXCM

Description

EURUSD is on a Bullish Trend. However, I am waiting for a counter-trend trading approach. I've two ways of engaging the trade.

The first way is to wait for candlestick confirmation and take the trade based on the Weekly Chart's Key Resistance Level in combination with a Bearish Crab Patterns trading setup, a more aggressive approach is to wait for a break and close below the trendline on the 4-hourly chart to engage the trade. So let me know if you need the analysis on this.
Comments
RayCharles
I fully agree , please let me know your downward levels and corresponding time frames .
best regards
Ray
RaynLim
@RayCharles, Hi RayCharles, that's not how it works. We share the levels to our students only
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