FX.co ★ EUR/USD

Hello traders, At the moment, a strong reversal pattern 123 has already formed on the EUR/USD currency pair, and the price has tested it from below at the level of 1.1743. This confirmed the final completion of the pattern, and now I expect the price to decrease towards the support around the level of 1.1684. The indicators at the bottom are not particularly helpful yet, except for the fact that they are below the zero line, which can be considered as sellers prevailing. The moving average is at the level of price values, so there is no signal from it yet. I have entered a short position and now I am waiting for a downward movement.