- Daily: After the double top at 0.8586 weekly resistance a break & retest of institutional level has occurred (0.8463). Thursday candle broke & closed below 0.8433 as a marubozu signalling great bearish momentum. EG could now possibly reach next target 0.8315.
- 1/4hr: Now i am waiting for a small pullback into 0.8433 4hr zone. If this level holds with the right price action then we should see a huge bearish rally down to 0.8315.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.