Weekly Chart:
Bearish engulfing pattern
Daily Chart:
Friday closed with a bearish candle
Watch out:
1. There might be a retest zone 1.53-1.536
2. Zone around 1.509-1.517 might be the 1st support
3. Zone around 1.5 might be 2nd support
4. Zone around 1.485 might be stronger support
Action:
Go short around zone 1.53-1.536
Bearish engulfing pattern
Daily Chart:
Friday closed with a bearish candle
Watch out:
1. There might be a retest zone 1.53-1.536
2. Zone around 1.509-1.517 might be the 1st support
3. Zone around 1.5 might be 2nd support
4. Zone around 1.485 might be stronger support
Action:
Go short around zone 1.53-1.536
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.
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.