SirajHudda

EURUSD Breakdown and Break of trendline.. Brearish View..

Short
FX:EURUSD   Euro / U.S. Dollar
EURUSD forming a descending triangle on weekly charts. The price has broken down its short term up trendline after testing the top trendline of the triangle. The idea is to go short and expect to retest the bottom of the triangle around 1.2100 as targets.

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.