EURUSD- 23Nov2021
On the weekly time frame, price action is potentially forming 3 black crows and is coming into H&S target at 1.11700. We could potentially expect price to continue its bearish momentum this week.
On the H4 timeframe, price continue its bearish momentum. Even though RSI is already forming negative bullish divergence, we could expect price to continue dropping to H&S target at 1.11700 before a bounce occurred.
This is for personal record purposes only, not financial advise or solicitation of trade.
On the weekly time frame, price action is potentially forming 3 black crows and is coming into H&S target at 1.11700. We could potentially expect price to continue its bearish momentum this week.
On the H4 timeframe, price continue its bearish momentum. Even though RSI is already forming negative bullish divergence, we could expect price to continue dropping to H&S target at 1.11700 before a bounce occurred.
This is for personal record purposes only, not financial advise or solicitation of trade.
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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.
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.