EURUSD at a good sell entry
EURUSD has been in a downtrend and following a descending channel.
Price just reached the resistance line of the channel
It is also at a strong resistance level(has tried severally and hasn't managed to break it in H1 timeframe)
The bearish candles at this level(H1 timeframe) have long upper wicks indicating strong rejection
I predict the bears will take control and push price downwards
Share your views in the comments
Price just reached the resistance line of the channel
It is also at a strong resistance level(has tried severally and hasn't managed to break it in H1 timeframe)
The bearish candles at this level(H1 timeframe) have long upper wicks indicating strong rejection
I predict the bears will take control and push price downwards
Share your views in the comments
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