EU has been just trickling downwards for a long time now and in this scenario it is more likely for there to be a bullish move after a pattern like this.
It is alos apporaching a VERY long term trend line which would be confirmed at the third touch if we get a bullish move.
It is also venturing very close to the bottom of a bear flag and the 1.08500 horizontal support.
I am ideally looking for longs to that level atleast up to 1.12 level
Trade ativo
I have managed to get entry at the wick of this daily candle bullish pin bar. I will break down my entry on the lower time frame in the next update.
Nota
This was my entry reason. (Mulstiple pin bar rejections on the hourly)
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.