Look for sell orders | 30 Marzo 2023

30 Marzo 2023, EUR/USD

Look for sell orders

EURUSD is currently bullish (short-term). The market is in a corrective phase which is ABC's corrective pattern. This pair has formed an expanding wedge (A bearish pattern). The price has formed a double-top pattern which is a bearish reversal pattern at 1.0854. Again the market has formed an ascending channel from 1.0715 to 1.0854, this is also a bearish pattern reversal pattern. I expect this pair to drop from 1.0854 up to 1.0393. You can place a sell order now with your take profit at 1.0393.

Trade Recommendations:

Look for sell orders


The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
Bob Stan
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