1. EURUSD is in a 'Consolidation Channel' 2. Formed a 'Bearish Engulfing Candle' right at the 'Resistance' at the close of the market 3. The candle closed within the upper band of the 'Bollinger Bands'
The aforementioned makes a 'Reversal Trade' trade-worthy. We will be looking to shore EURUSD at the open of the market