EURUSD Analysis: Multi-Timeframe Shorting Opportunity

9 Haz

Here’s a detailed look at the EURUSD across multiple timeframes:

Weekly Chart:
- The market is in a sideways consolidation phase.

- The upper trendline has been respected, indicating a potential downside movement.

Daily Chart:
- Watch for a retest of the Fib-3 Bat Pattern, which could offer a prime shorting opportunity.

1-Hourly Chart:
- I’m eyeing a retest of the resistance at 1.0863 for a shorting opportunity.

What’s your trade plan for EURUSD? Comment down below and share your insights!

Happy trading!