• Vasily Trader

EURUSD: Important Bearish Breakout! (Trading Plan/forecast)

good morning, traders!

🔻EURUSD has violated a support line of a rising parallel channel on 4H.

high momentum bearish candle confirms a strong bearish sentiment.

to catch a bearish continuation, I would suggest being focused on a local expanding blue supply area.

I will look for an hourly reversal pattern within that to short the market.

first goal will be 1.17

good luck!