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TheSignalyst
May 15, 2021 8:52 PM

EURUSD - Potential Bearish Reversal! 

EUR/USDOANDA

Description

Hello everyone, if you like the idea, do not forget to support with a like and follow.

EURUSD is sitting around Weekly Resistance in blue so we will be looking for sell setups on lower timeframes.

on H4: EURUSD is forming a wedge pattern in red but the lower trendline is not valid yet, so we will be waiting for a third swing to form around it. (projection in purple)

Trigger => Waiting for that swing to form then sell after a momentum candle close below it. (gray area)

Until the sell is activated, EURUSD would be overall bullish and can still dive inside the blue zone.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich
Comments
razimatazi
the trigger has been reached?
FieryTrading
Well done bro🔥
TheSignalyst
@FieryTrading thank you Fiery
financialflagship
Quality content, thanks for sharing. 🔥🔥
TheSignalyst
@financialflagship Alex 😁🙌
amjad96sami
Very good one
TheSignalyst
@amjad96sami thanks brother Amjad
Nizar68
I truly enjoy your setups
TheSignalyst
@Nizar68 rwspext🙌🙌
lollobchara1
Waiting for it
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