Overall bias is Bearish
-Firstly we have bounced of key level of 1.7000
-we have broke trend line based off 4 hour time frame
-We had a small retest
-I do believe we will break previous lows
-Previous four hour candle was a bearish hammer
-A lot of wicks to the upside
Off the daily
-We can see huge wicks to the upside on the Ket level
-Yesterdays candle was a bearish engulfing
-We also had a triple top
so overall i am bearish on this pair
All the best
-Firstly we have bounced of key level of 1.7000
-we have broke trend line based off 4 hour time frame
-We had a small retest
-I do believe we will break previous lows
-Previous four hour candle was a bearish hammer
-A lot of wicks to the upside
Off the daily
-We can see huge wicks to the upside on the Ket level
-Yesterdays candle was a bearish engulfing
-We also had a triple top
so overall i am bearish on this pair
All the best
Trade closed: target reached
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.