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
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
This analysis is done using RichTL
www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
Buy CRGPT on Uniswap
cutt.ly/CRGPT
www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
Buy CRGPT on Uniswap
cutt.ly/CRGPT