Weekly chart
- Past 5weeks candlestick bar in range after strong bull 7weeks before.
- Pin Bar formed after retracement.
- Range inside bar with bullish probability.
Daily Chart
- 2x Rejection at daily/weekly Resistance line. 2 events (21/05/2018 & 15/06/2018).
- Clear Sideway Range with 3x bullish pin bar formed.
- Reversal bar formed recently at Daily S1...
Weekly chart
Past 5weeks candlestick bar in range after strong bull 7weeks before.
Pin Bar formed after retracement.
Range inside bar with bullish probability.
Daily Chart
2x Rejection at daily/weekly Resistance line. 2 events (21/05/2018 & 15/06/2018).
Clear Sideway Range with 3x bullish pin bar formed.
Reversal bar formed recently at Daily S1...
Price move sideway range from recent bearish trend. Past few candlestick bar on daily chart shows the pair taking a short breath after strong bearish movement.
We might see a positive opportunity short bull for this pair towards daily 4hrs/daily resistance line.
Hence looking for a affirmative signal to buy this pair.