Euro / Dólar AmericanoViés de baixa
EURUSD-Weekly Market Analysis-Oct20,Wk4
As EURUSD had a checkback on the bearish shark pattern, there are 2 major prices that I am waiting for the shorting opportunity.
The first level I'm waiting to short is the previous high at 1.1873, traders might see it as a retest of resistance and head in for the shorting opportunity. Another level that I'm waiting for the shorting opportunity is at 1.1893, which is along the upper trendline that was formed by the parallel channel, the one rule for me to engage the shorting opportunity is that it shouldn't break and close above the channel.
The first level I'm waiting to short is the previous high at 1.1873, traders might see it as a retest of resistance and head in for the shorting opportunity. Another level that I'm waiting for the shorting opportunity is at 1.1893, which is along the upper trendline that was formed by the parallel channel, the one rule for me to engage the shorting opportunity is that it shouldn't break and close above the channel.
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instagram.com/raynlim/
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