BluetonaFX

EURUSD Bear Flag Pattern

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BluetonaFX アップデート済   
OANDA:EURUSD   ユーロ/米ドル
Hi Traders!

There is a bear flag pattern on the EURUSD 4H chart.

Here are the details:

The price action looks bearish, and the market is currently in a consolidation phase in the flag's channel. The 20 EMA has been broken, and we are getting bearish momentum candles forming, and we are awaiting a possible test of the flag's channel to the downside.

Preferred Direction: Sell

Resistance: 1.09160
Support: 1.08566

Technical Indicators: 20 EMA

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Trade safely and responsibly.

BluetonaFX
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