EURUSD Oversell?
- Price has previously dipped and tested the daily support level before shooting to the upside
- Our positive trendline dictates a continuation, however we see a closed bearish candle breaking this
- this could have 2 indications (1. an oversell and we will see a correction putting us back into our zone 2. a break of this trend and a fall to our daily support level that has been previously tested)
In conclusion
We should be on the look out for a correction and will then enter after a candle confirms this
and we should be looking for a fall to the support level and then look to enter after confirmation price has been rejected.
- Our positive trendline dictates a continuation, however we see a closed bearish candle breaking this
- this could have 2 indications (1. an oversell and we will see a correction putting us back into our zone 2. a break of this trend and a fall to our daily support level that has been previously tested)
In conclusion
We should be on the look out for a correction and will then enter after a candle confirms this
and we should be looking for a fall to the support level and then look to enter after confirmation price has been rejected.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.