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tntsunrise
May 2, 2021 8:46 AM

Reversal Pattern For EURUSD Short

Euro Fx/U.S. DollarFXCM

Description

Reversal Pattern For EURUSD
Last Friday EURUSD break the doji's Low
and dropped to 1.2016

Sell the pull back when price reach 1.2084
-1.2100
we can use this zone to create sell orders

Trade closed manually

After NFP
Dollar Fell again
cancel trade
Comments
anjana27
I have the same analysis...
saifullahstatistics
@anjana27, how can I learn this type of analysis Please
YertuntsTrader

i'm agree with you master :)
without_worries
This is very short term? This weekly is indicating a pennant formation breakout on the weekly.

pjmurray2010
So basically go long.
razgarcia85
Thats well said . 👍
Labmoney
Same analysis and may be around 1.2075
Donajor8
The market is bullish
Trendsharks
@Donajor8, True. But if there is one thing that could help the reeling dollar, that's the seasonal relaxation in May. Plus, the earnings season in the U.S. was quite robust, which could drive the demand for the greenback up
Donajor8
@Trendsharks, the reality is everything is already determined.. brother it’s just playing it course... now you think hard on this and maybe you’ll leave the 99%
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