Euro / Dollar Américain
Short

EURUSD: bearish reversal in the pattern

1008
After a short rise, the price of this currency pair fell again. Considering the price movement since December, one can find the "Cup with a handle" pattern. This is an inverted reversal pattern. We have a prior trend (growing). This means that after completing the pattern (and it has already happened), the price should break through the base line and collapse by the trend volume. I think that we can expect a fall to the zone of the previous correction of 1.184.
SL - 1.201.

Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.