FXCM

EURUSD in Bearish Triangle, Potential drop ! | 27 April 2020

Short
FXCM Broker Updated   
FX:EURUSD   Euro / U.S. Dollar
Hey we have found our sell trade on EURUSD utilizing bearish triangle pattern, fibonacci retracement as well as graphical levels. But be careful that this week is a huge week with ECB and Fed rate meeting ahead, so market volatility is likely to peak in upcoming days ! Risk less if you are doing EURUSD trade this week !

Entry: 1.08682
SL: 1.09903
TP: 1.06534

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Comment:
Trade active:
we are in the trade
Comment:
Price is retestng the resistance level ( our sell entry) for the third time, likely there could be a reversal upon this level. Our trade is still valid!

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