We have a classical bullish exaggerated divergence on main pivot point.
Looking at H4 chart the price is already reacting to the zone. We see an AB=CD pattern also. This could be the beginning of a rally towards last highs.
best regards
評論
ElPatron.Y
⋅
nappenbir510554e1627f4c2
⋅
i see EURGBP 8h bullish engulfing,
I want see long here!
hello, a candle pattern is not enough to enter a trade, we must have many reasons. We must first take a look a higher timeframes also, i see a double top, the price is now bouncing from the base
DouglasHarrison
⋅
Yes I agree, it is also at the 50 % Fib, still it is not enough. ""What is the dollar doing. "" We should also look at the dollar. "" Then what is the sentiment. So yes I agree with you. We should watch for a trend to form. " No trend , No idea which way."
nappenbir510554e1627f4c2
⋅
ok i waiting daily light!
and i see also monthly is Doji and RSI is buying!!
MuathAlBulbul
⋅
This should be a clear short now? I am betting it would make a double bottom!
FullTimeTrader
⋅
yes, we could change the bias to short.... nothing new from the ECB meeting today.....
MuathAlBulbul
⋅
If it breaks the 0.7150 support it's going all the way down.
MuathAlBulbul
⋅
Also, what are your views on USDCAD?
FullTimeTrader
⋅
My main bias an all USD pairs is bearish (USDJPY, USDINDEX, USDCAD). The USDCAD is clearly loosing momentum but now is touching a key support. Most probably this support will break to the donwside... i will try to enter there......