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Leo-btm
Jan 3, 2023 6:41 AM

EURUSD, short term market structure.  

Euro Fx/U.S. DollarFXCM

Description

EURUSD / 4H

Hello traders, welcome back to another market breakdown.

EURUSD in the short term is making a wedge pattern, which is a slowing pattern. It's more likely to break to the downside.

Checkout the chart for the main levels I'm watching for for shorts and longs.

Trade safe,
Trader Leo.

Comment

The structure has broken to the down side, However I need bulls to try first. I need the price to trade around the last swing high. If I see weakness I'll go for short with minimum risk.

Good luck
Comments
FOREXN1
Agree , good analysis !
ProSignalsFx
Great Post bro!
Leo-btm
Leo-btm
Let me know your opinion traders.
MonoCoinSignal
Great update
Leo-btm
Tolberti
Thanks for sharing, it looks like EURUSD found the support at the trendline.
DeGRAM
Thank you. Great job.
InvestMate
Thanks for the analysis
Leo-btm
@InvestMate welcome
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