WEEKLY: Last weeks candlestick was a hammer candlestick at the 1.1755 level support if you know candlesticks then you know this indicates reversal
DAILY: Once price came to the daily support it formed a very strong marubozu which closed above the W/R and the EMAS
4 HR: After touching the daily level price formed a higher low. The EMAS are now crossed back over. Price is now treating EMAS as dynamic support
Expecting price to pop back into 1.1895
DAILY: Once price came to the daily support it formed a very strong marubozu which closed above the W/R and the EMAS
4 HR: After touching the daily level price formed a higher low. The EMAS are now crossed back over. Price is now treating EMAS as dynamic support
Expecting price to pop back into 1.1895
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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.