1. EURUSD is in a 'Consolidation Channel'
2. Formed a 'Bearish Engulfing Candle' right at the 'Resistance' at the close of the market
3. The candle closed within the upper band of the 'Bollinger Bands'
The aforementioned makes a 'Reversal Trade' trade-worthy. We will be looking to shore EURUSD at the open of the market
2. Formed a 'Bearish Engulfing Candle' right at the 'Resistance' at the close of the market
3. The candle closed within the upper band of the 'Bollinger Bands'
The aforementioned makes a 'Reversal Trade' trade-worthy. We will be looking to shore EURUSD at the open of the market
Note
TITLE SHOULD BE GBPUSD SHORTTrade closed manually
Closed trade @ 1.30486 for a weekly gain (profit)
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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.