EURUSD Triangle Pattern Breakout Provides Sell Opportunity

2
877
EURUSD Bearish Opportunity Forming At The Moment

Hi Traders! EURUSD triangle pattern breakout provides sell opportunity for us. A detailed analysis of this potential sell setup is as follows:

EURUSD H4 Chart:

On the H4 chart the price which was moving inside a triangle pattern has broken below the bottom of this pattern. After the breakout, currently it looks like the price is retesting the breakout zone of this triangle pattern. We also have a hidden bearish divergence that is forming at the moment, which we may consider as an evidence of bearish pressure. Hence as long as the breakout zone is holding, we may look for sells with bearish evidences.

EURUSD Triangle Pattern Breakout Provides Sell OpportunityNote: It is always recommended to look for confirmations before you jump into any trade. If you are not sure about how to trade this sell setup then you can use any setup and strategy that you have in your arsenal to look for bearish moves and join this sell trade.

Advertisement

If you want to learn how to do such analysis yourself, if you are looking for a professional team of traders and one of the best online trading communities, If you are looking for enormous archive of Webinars, Trading Tools, Trading Strategies, Books, Indicators, Expert Advisors and much much more, join my traders academy club for only $97 PER YEAR.

Join Traders Academy Club Now 

Also you can get one of my strategies free of charge. You will find all the details here

 

Yours to your success,

Vladimir Ribakov

SHARE

2 COMMENTS

JOIN THE CONVERSATION - I ALWAYS REPLY (VLADIMIR)

Please enter your comment!
Please enter your name here

We respect your privacy and take protecting it very seriously.