Hello friends
On Wednesday we had a lot of exciting deals related to US news
for the following reasons:
- A pin bar candle was formed on the weekly time frame
- In the daily time frame, the price hit MA20 and RSI is still below 50
- In the 4H time frame, the price hit MA100 and formed a pinbar candle
And ....
I expect a downward movement and then a reversal
And I give the probability of forming a head and shoulders pattern
The price is still in the range zone
And I definitely wait for confirmation to enter into any transaction
be profitable
Thank you for expressing your opinion with likes and comments
On Wednesday we had a lot of exciting deals related to US news
for the following reasons:
- A pin bar candle was formed on the weekly time frame
- In the daily time frame, the price hit MA20 and RSI is still below 50
- In the 4H time frame, the price hit MA100 and formed a pinbar candle
And ....
I expect a downward movement and then a reversal
And I give the probability of forming a head and shoulders pattern
The price is still in the range zone
And I definitely wait for confirmation to enter into any transaction
be profitable
Thank you for expressing your opinion with likes and comments
