Euro / U.S. DollarUpdated EURUSD OUTLOOK - CHART PATTERNS - Sell Correction
EURUSD has broken its bearish cycle and we are about to head into a strong general Bullish Trend. As a day trader, The Daily, 4H, and 1H tend to be my go-to timeframes, and on these time frames, the market has broken to the upside, breaking through the trend, so a correction or retracement is imminent.
The Formation of the BEARISH Triangle on the Hourly time, shows the incoming of a Bearish short time move for next week.
The PINBAR on the weekly time frame acts as a strong indicator for this to happen, I will watch out for the price action of the various support level that price might act on.
The Formation of the BEARISH Triangle on the Hourly time, shows the incoming of a Bearish short time move for next week.
The PINBAR on the weekly time frame acts as a strong indicator for this to happen, I will watch out for the price action of the various support level that price might act on.
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A Bullish flag which represents a sell continuation has been formed by price.Today 22/11/2022, price did a retracement from Monday's sell and the sell continuation is about to begin
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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.