EURUSD Weekly Candle Pulling Back to end the Week
Updated
We can observe momentum bullish here. An important candle closure to observe is the 10EST 4hr Candle close. The candle closed above 1.06650. This was the cl;ue and the tracks the market left behind/ . The last 15m of the 1Hr candle, that was this move up to the next rnage. The 4Hr is importnatn and means everything to forex traders due to the nature of various sessions in the forex market ( being open 24 hours/day)
NY Session (Most Volume -Current as of Post
Asian Session - Least Volume
London Session - Median Volume
Volumes moves into the market at specific and various times throughout the day.
One only begins to understand the nature of volume with experience. it cannot be taught.
Look at where the move occurs, where the big candle is, what time that big candle occurs at.
NY Session (Most Volume -Current as of Post
Asian Session - Least Volume
London Session - Median Volume
Volumes moves into the market at specific and various times throughout the day.
One only begins to understand the nature of volume with experience. it cannot be taught.
Look at where the move occurs, where the big candle is, what time that big candle occurs at.
Trade active
the 4hr candle closing like this, we should be able to reach the next zone with mmentum at 1.07371 Daily zoneTrade closed: target reached
1.07371 Daily Zone reached
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