EURUSD – SPOT: Selling From Bearish Tailed Bar Signal
Price Action: Price formed a Bearish Tailed Bar Signal overnight.
The Bearish Pin Bar Signal that had formed earlier this week failed (We did not consider trading this signal).
Potential Trade Idea 1: For more aggressive traders, we are considering selling from the current Bearish Tailed Bar Signal.
Potential Trade Idea 2: We are considering selling on a retracement higher and after a price action sell signal whilst price remains below the 1.0635 – 1.0787 short-term resistance area.
Price Action: Price formed a Bearish Tailed Bar Signal overnight.
The Bearish Pin Bar Signal that had formed earlier this week failed (We did not consider trading this signal).
Potential Trade Idea 1: For more aggressive traders, we are considering selling from the current Bearish Tailed Bar Signal.
Potential Trade Idea 2: We are considering selling on a retracement higher and after a price action sell signal whilst price remains below the 1.0635 – 1.0787 short-term resistance area.
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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.
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.