Weekly Chart:
Bearish Engulfing Pattern cover the last two previous pin bars.
Daily Chart:
Friday closed with a bearish candle
Watch out:
1. There might be a retest @ area around 0.992-0.996
2. First support might be @ 0.987
Action:
Waiting for a retest and price action pattern to determine a short entry @ area around zone 0.992-0.996
Bearish Engulfing Pattern cover the last two previous pin bars.
Daily Chart:
Friday closed with a bearish candle
Watch out:
1. There might be a retest @ area around 0.992-0.996
2. First support might be @ 0.987
Action:
Waiting for a retest and price action pattern to determine a short entry @ area around zone 0.992-0.996
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.
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.