Eur/usd technicals
Really down to the detail in the market now, reading candles to see where market is going. small advice, dont be biased around these times, matter fact never be biased; be open to all situations....from my previous analyses, we got eur/usd right where we want it on the trend line at 1.23
I drew a circle around those candles in the 1hr timeframe because I spotted a morning star formation and on top of that, looks like we may be having a harami forming to follow; to translate this to beginners, might be having a bounce that'll happen. still unsure but all signs at the moment are telling me that we can get a bounce, but that bounce won't be enough to break the 1.25 resistance, we need more supply in the market to have a strong demand on the bull return. Lets go, ready for all outcomes.
I drew a circle around those candles in the 1hr timeframe because I spotted a morning star formation and on top of that, looks like we may be having a harami forming to follow; to translate this to beginners, might be having a bounce that'll happen. still unsure but all signs at the moment are telling me that we can get a bounce, but that bounce won't be enough to break the 1.25 resistance, we need more supply in the market to have a strong demand on the bull return. Lets go, ready for all outcomes.
Nota
and its a break with the Black knights and we've reached a major support, will this be a false break out or will we get a reversal, lets see.Nota
if the next hour candle following this one a a bullish candle which engulfs the last two, then I am pretty sure we'll get our reversal, but another drop would be nice for a bull target passed 1.25Nota
now on to the 4hr chart, looks like we may be getting a hammer at the close of this candle and if we get a nice bullish candle to follow, that'll be perfect for a reversalNota
and look at that battle, great results Got in at 1.2305 and 1.2330 and pips are coming in
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Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.