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ForexGoldenBoy
Apr 21, 2023 1:12 PM

EURUSD : The market refuses to rise  Short

Euro Fx/U.S. DollarFXCM

Description

Prices have been stumbling for several days on a bullish resistance
As a result, the chart depicts either a range or a symmetrical triangle
So far buyers have not had the power to move the pair upwards
I'm taking the risk of playing the range rather than the bullish triangle which by the way has just broken to the upside.
I am now considering the possibility of a short term bearish move on EURUSD

This scenario is not an investment advice
A failure of the scenario is highly possible
Do not copy it, or you risk losing your money

Order cancelled

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