EURUSD (SHORT) ON THE HOURLY

ON THE HOURLY CHART THE CANDLESTICK HAD COME INTO PREVIOUS SUPPORT WHICH SEEMS TO BE TURNING INTO RESISTANCE AGAIN , THIS COULD BE A BREAKOUT TRADE ENTRY ON THE PULLBACK AND TAKE PROFITS AT THE BEGINNING OF THE CHANNEL THE LONG UPPER WICK CANDLES AT THE RESISTANCE SHOW BEARISH PRESSURE AND REJECTION OF THE LEVEL , COULD POSSIBLY GO TO THE DOWNSIDE
Chart PatternsTrend Analysis

Disclaimer