VasilyPonomarev
Singkat

bearish flag pattern

FX:EURUSD   Fx Euro/Dolar U.S
Hello traders,
for today on eurusd             we see nice bearish flag formation.
Previous days we've seen sell out and now correction is occuring.
1.195 is a very nice zone to watch cause looking left we see the structure and also it converges with 618 fib of a last leg of a move.
from this perspective two options are possible:
aggressive is to sell right now - trend continuation trading, expecting the market to continue going lower
or
wait for the breakout of flag pattern and sell afterwards anticipating continuation

no matter which strategy you choose I would recommend to set stop above 1.197 level
Order dibatalkan
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