EURUSD-Weekly Market Analysis-Jan21,Wk2

١٠ يناير ٢٠٢١

A perfect scenario for this week trading setup on EURUSD will be a retracement back into the consolidation zone(grey box) and giving us a long shadow candle for us to engage for a shorting opportunity.

It will be better if the trade stretch towards the harmonic patterns, in this case the bullish crab pattern that was a perfect buy zone as it is on the support level on both the daily and 4-hourly chart and that puts it as as a trend trading opportunity.