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Here we have our EURUSD Chart,
We have looked at lower TFs for this asset and we are going to look at the Weekly chart.
As you can see we are way off our KEY MA's and now seeing price stall as it reacts to this area.
This asset is oversold and has been for some time. We are looking for a long move back towards our Key MA's so we can exit for gains.
The directional arrow shows this price movement. Remember the further off the MA's we are the lower the price.
Here we have our EURUSD Chart,
We have looked at lower TFs for this asset and we are going to look at the Weekly chart.
As you can see we are way off our KEY MA's and now seeing price stall as it reacts to this area.
This asset is oversold and has been for some time. We are looking for a long move back towards our Key MA's so we can exit for gains.
The directional arrow shows this price movement. Remember the further off the MA's we are the lower the price.
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bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
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.
Free Pro Multi Asset Trading Guide:
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
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.