EUR/USD trade setup.
Price has been in a bearish trajectory for the past 2 months.
According to the rules of the trend, price has completed a Lower Low.
Weekly chart shows a clear cut Pin Bar candlestick! This is a reversal candlestick pattern.
Zooming into the H4 timeframe, price closed with an engulfing candlestick resting on the 1.08612 resistance level.
I spotted a new channel within the H1.
Let's see how this plays out.
According to the rules of the trend, price has completed a Lower Low.
Weekly chart shows a clear cut Pin Bar candlestick! This is a reversal candlestick pattern.
Zooming into the H4 timeframe, price closed with an engulfing candlestick resting on the 1.08612 resistance level.
I spotted a new channel within the H1.
Let's see how this plays out.
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.