SuddenFX

EURUSD Weekly Short ABC/123 Setup

Short
FX:EURUSD   Euro / U.S. Dollar
Given that the average price of Daily/H8/H4 are currently trending down I expect this setup to be valid and start playing out shortly.

USD might pull a Lazarus here giving some relief to the folks trapped in those longs from a month ago.

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.