Euro has its ECB meeting couple days ago and the market was looking very bearish news came out.
Weekly timeframe shows no indication of momentum however, if we delve into the daily we can see a bearish flag pattern.
Inside that pattern, we see 2 bear flags on the 4hr and 1hr as well which shows the continued momentum the sellers have. Remember guys impulse and correction moves are all we need to figure out where the market is going.
Entry, stop loss and take profits are all listed on this.
Weekly timeframe shows no indication of momentum however, if we delve into the daily we can see a bearish flag pattern.
Inside that pattern, we see 2 bear flags on the 4hr and 1hr as well which shows the continued momentum the sellers have. Remember guys impulse and correction moves are all we need to figure out where the market is going.
Entry, stop loss and take profits are all listed on this.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.