Just a trade idea. A bearish engulfing pattern has form at the end of 4h candle. Let's see where this goes in the coming days.
So in my previous post I have mentioned that I have decided to close it with a loss since it's now making sense that we have finally reached the bottom. RSI is slowly rising and a good bullish engulfing candle in the 12H time frame (can't show it here because this is just a free account lol). I don't mind if the price is still below the trend line since to me, a...
I have shorted this pair earlier this week due to the recent breakout around 1.08274 level. I know that most of the signs lead to a very exhausted and oversold currency but I don't see anything significant that this reverses soon. I'm targeting around 80 pips from the point of breakout or will close it manually if I see a major bullish engulfing candle at the...