Monthly EMA's still showing to be bullish as well as the general uptrend. Price decelerating near support @960. Checklist: - Visibly oscillating - Pull-back phase of general trend - Deceleration - Price at S/R level
Bearish Kangaroo tail (pin bar) formed on the weekly chart. Target will be around 1.65700.
Weekly candlestick closed outside trend line showing bearish outlook. Large pin bar formed on daily chart.
Previous weekly candlestick pierced through BB, showing a reversal sell signal. Daily bearish pin bar formed.
Hey guys, So I am currently learning Price Action & incorporating a strategy within my binary options demo account. I thought no better than to share my EURUSD chart and get some comments from some experienced traders so you guys can help me out and give me some advice. So I am expecting price to fall to either my support (@ around 1.2200) or to break from the...