If you had read my overall analysis(check out the Related Ideas within TradingView) on EURUSD, you might get a bit confused with this analysis. How could we look for a buying opportunity where the overall trend is bearish? In fact, we can, there are ebbs and flows of the market, so within the bearish trend, there are bullish movements within; what is important is that you have to know if you are trading with or against the trend.
This Deep Bullish Gartley Pattern has been violated, there is a break and close below of X, but with NFP(Non-Farm Payroll) just happening last Friday, I like to give EURUSD some leeway(but leaning towards not engaging it.
Some of the further movement I need to see is an immediate reversal( bullish ) with a double bottom combined with RSI Divergence.
This Deep Bullish Gartley Pattern has been violated, there is a break and close below of X, but with NFP(Non-Farm Payroll) just happening last Friday, I like to give EURUSD some leeway(but leaning towards not engaging it.
Some of the further movement I need to see is an immediate reversal( bullish ) with a double bottom combined with RSI Divergence.
🕒 15mins workday for Young Parents
🏦 Qualify Junior Analyst within 90days
🎤 Keynote Speaker
Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
instagram.com/raynlim/
🏦 Qualify Junior Analyst within 90days
🎤 Keynote Speaker
Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
instagram.com/raynlim/
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.
🕒 15mins workday for Young Parents
🏦 Qualify Junior Analyst within 90days
🎤 Keynote Speaker
Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
instagram.com/raynlim/
🏦 Qualify Junior Analyst within 90days
🎤 Keynote Speaker
Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
instagram.com/raynlim/
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.