EURUSD - Counter-trend Setup ((D BEARISH ENGULF PATTERN))
Hello Traders,
I'm back again with a new trade setup, this time on the EURUSD.
Price has recently made a LL on the monthly timeframe, affirming a downtrend.
Price rallies up, reacted with the weekly supply zone, and dropped, showing willing sellers in that zone.
Market also made a bearish engulfing pattern formation on the daily, increasing the odds of a bearish move in a few days when price reaches daily supply zone.
I'm shorting this.
I'm back again with a new trade setup, this time on the EURUSD.
Price has recently made a LL on the monthly timeframe, affirming a downtrend.
Price rallies up, reacted with the weekly supply zone, and dropped, showing willing sellers in that zone.
Market also made a bearish engulfing pattern formation on the daily, increasing the odds of a bearish move in a few days when price reaches daily supply zone.
I'm shorting this.
Trade active:
My sell order triggered. Price did pulled back. wew.
