Possible bearish positioning potential in line with weekly reversal candlesticks
Scenario A) 1.305, the low from last week, holds and price rolls over
Scenario B) a bigger bounce from last week's declines to 1.31 before price turns lower
Scenario A) 1.305, the low from last week, holds and price rolls over
Scenario B) a bigger bounce from last week's declines to 1.31 before price turns lower
Note
Nice reversal at 1.31 - potential targets near 1.29
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Signup to my newsletter:
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Market Analyst for:
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SpreadEx
spreadex.com/financials
tradingwriters.substack.com/
Market Analyst for:
WeTrade
wetradebroker.com/education/analysis/jasper/
SpreadEx
spreadex.com/financials
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.