1. My directional bias is based on the weekly and Daily time frames
2. Both the weekly and Daily are bullish
3 entries are based on the lower time frames (4HR,1HR, 30M)
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The 4Hour which has been in a downtrend (Which was a correction on the higher time frames) recently broke a previous lower High indicating that it’s ready to return to the...
The EUR/USD currency pair is currently showing a downtrend on both the daily and 4-hour timeframes. Traders looking for an opportunity to sell may want to keep an eye out for a break below the daily pivot point as a confirmation signal.