weekly candle form doji after a strong bearish. if we look back at prev weekly candle, it form INSIDE BAR (IB) candle formation. which means price in undecided movement. and regarding ProTraderGuider system, this IB was formed at above Strong SNR (Key Level 1). So SELL opportunity is predicted but need to consider the price will retrace for the next week and we are looking the good DISCOUNT level to entry SELL.
Then, on Basket view of Dollar pair, we can see, the prev week Dollar pair trying to push price to buy. this give me idea to wait until certain level for counter and follow the Down trend.
and maybe the current buy movement form looks like FLAG pattern
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.