Through the week anticipation has been high but nonetheless its best to trade what you feel comfortable with.
Thesis outline;
. 4h supply zone (where we initially started the bearish momentum)
. various form of price action directed to the upside, i think the EURUSD might still be attracted to the 4hr supply zone .
. Bullish pennant formed as seen on chart this is basic continuation pattern, and i anticipate a break and rest on lower timeframes and take it all the way to fill in the 4hr supply.
. CPI tomorrow
. yet to see any reversal pattern on the EURUSD, so i might as well just tag in on the trend which started as of last month
NO financial advice , just personal sentiment on what can possibly happen. tell me what you think.
Thesis outline;
. 4h supply zone (where we initially started the bearish momentum)
. various form of price action directed to the upside, i think the EURUSD might still be attracted to the 4hr supply zone .
. Bullish pennant formed as seen on chart this is basic continuation pattern, and i anticipate a break and rest on lower timeframes and take it all the way to fill in the 4hr supply.
. CPI tomorrow
. yet to see any reversal pattern on the EURUSD, so i might as well just tag in on the trend which started as of last month
NO financial advice , just personal sentiment on what can possibly happen. tell me what you think.
Not
continuation pattern confirmation (Bullish pennant successfully broken)Not
TP hit position closed
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.