EURUSD view on H4
Note the lower highs that has formed indicating a bearish trend. The triangle pattern marked is indicated by the MT4 indicator Markup Buddy. This indicator is excellent in drawing key support and resistance levels where chart patterns then come forward.
# For more information on Markup buddy please read here www.profitfxza.com/markup-buddy
See my analysis below while using this tool:
I am waiting for the support to be broken in order to consider shorting this pair. The previous candle has printed a hammer on the support however this could be a false signal to fool retail traders.
Stay tuned!
Note the lower highs that has formed indicating a bearish trend. The triangle pattern marked is indicated by the MT4 indicator Markup Buddy. This indicator is excellent in drawing key support and resistance levels where chart patterns then come forward.
# For more information on Markup buddy please read here www.profitfxza.com/markup-buddy
See my analysis below while using this tool:
I am waiting for the support to be broken in order to consider shorting this pair. The previous candle has printed a hammer on the support however this could be a false signal to fool retail traders.
Stay tuned!