End of Uptrend on EURUSD?
Although D1 shows uptrend but on H1 and H4 We can see the trend seesm to be ending and price heading downwards again. H4 shows Penetration through the support and and H1 shows multiple rejection candles with last one being a bearish Pin Bar. That could be a confirmation candle, Wait for the market to open and see how it works out. I'll likely be entering a short trade.
GL
Dont take any trades based on my analysis. My analysis is barely subjective. And I can be wrong quite often. Take ideas but not trades. Good luck everyoen for the next week.
GL
Dont take any trades based on my analysis. My analysis is barely subjective. And I can be wrong quite often. Take ideas but not trades. Good luck everyoen for the next week.
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