EURUSD POTENTIAL SHORT OPPORTUNITY

Hello Everyone!

How are you all?

EurUsd is a pair to watch this week, because it is shaping up very nicely for a bearish trend reversal that we can capitalize on.

So, I will be looking for a bearish reversal because of the following reasons:

1. On the HTF, the price come to the VA.

2. The price has formed a reversal structure.

3. The price is approaching the value area structurally to complete the third touch of the HTF structure.

Game Plan:

If the price rejects at the VA level or sweeps the High, and makes a bearish impulse followed by a 15mins flag with two highs and lows.

Entry : will look for a risk sell entry within the flag or a reduced risk entry on the breakout of the flag.