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BenjaminKJJ

EURUSD: A Possible Short Position

Short
Euro / U.S. Dollar (OANDA:EURUSD)  
BenjaminKJJ  
OANDA:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns
4
0
trendanalysis chartpattern
Summary
The market spiked upwards last week and created a Parabolic Curve Pattern. It looks like a very high probability for a short position. Will wait for a stronger rejection and also a clear flag.

Steps to be taken
  • Wait for a clear flag.
  • Look out for stronger rejection at the top.
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