EURUSD has given a good rally after giving a breakout from the symmetrical triangle pattern. As per chart pattern analysis, EURUSD has reached at the top to the rally, from current levels we might see consolidation or small price retracement towards the downside in EURUSD. One can trade on the short side with consideration of consolidation trend and after confirmation downtrend with proper risk management and stop-loss .

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Vivek_Samale
Vivek_Samale

I have half a decade of experience as a trader and enthusiastically learning & developing new strategies in algorithm trading & also analyzing the companies with New ESG method.