EURUSD is not showing the clearest sign of the market movement, it can swing either direction, if to choose a direction to go, I will choose to short it, the reasons as follows
1) The candlestick forms within the sell zone
2) The daily chart close with a long wick above the candle
3) it is a weak bearish candle close on the 4-hourly chart, but it is still a bearish engulfing candle.
Breaking and closing below the previous low candle would prolong the bearish movement to 1.1981
1) The candlestick forms within the sell zone
2) The daily chart close with a long wick above the candle
3) it is a weak bearish candle close on the 4-hourly chart, but it is still a bearish engulfing candle.
Breaking and closing below the previous low candle would prolong the bearish movement to 1.1981
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🕒 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
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🏦 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/
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.