Last week EURGBP posted a green Heiken Ashi candle on the weekly chart. This suggests to me that we may see another green weekly Heiken Ashi candle.
It is also the case the a green Heiken Ashi candle was posted on the daily time frame after a series of red candles. This suggests to me that we may see a multi-day bull run.
It is also the case the a green Heiken Ashi candle was posted on the daily time frame after a series of red candles. This suggests to me that we may see a multi-day bull run.
Note
Here's a view of the weekly Heiken Ashi chart.Note
Here's a view of the daily chart utilizing traditional candlesticks.Trade active
I entered this trade via market order.Stop placed below the local low on the daily.
Trade closed manually
I decided to close this trade out for some profit.
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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.