On the Weekly time-frame, the markets closed with a bullish engulfing, engulfing lastweek's doji-like pattern and the strong bearish candle pattern from last 2 weeks - indicating possible bullishness in the coming week.
On the 4 hourly we see the day close with a hammer or doji. Price is likely to range in the green zone for a while, break into the blue zone range for a while and then finally hit 1.14466 support to form 100% of the previous (7/3/19-20/3/19) leg
On the 4 hourly we see the day close with a hammer or doji. Price is likely to range in the green zone for a while, break into the blue zone range for a while and then finally hit 1.14466 support to form 100% of the previous (7/3/19-20/3/19) leg
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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.