Last week we identified a bearish candlestick reversal pattern on the daily that suggested that we would see weakness in EURUSD
The pattern has played out very nicely.
With Wave C/3 now at 100% of wave A/1 right at a previous support zone, it will be interesting to see what happens next.
No sign of the 1-4hr trend ending yet, but I'm watching it like a hawk to see if we get any evidence of buying activity or we see continued weakness
Cheers
Dale
The pattern has played out very nicely.
With Wave C/3 now at 100% of wave A/1 right at a previous support zone, it will be interesting to see what happens next.
No sign of the 1-4hr trend ending yet, but I'm watching it like a hawk to see if we get any evidence of buying activity or we see continued weakness
Cheers
Dale
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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.