On my last post , I was talking about reading data coming out of China that they have agreed to Phase 1 of ending the trade deal with the United States. I do not know if this is why pairs moved down against the USD friday or not , but it seems likely! Maybe! I read some news on FxStreet!
Anyway, we got another big bear pinbar on another Usd Trade... Eur/Usd! I think its a sell and im waiting to enter because it seems likely that a retracement is due...
So before you decide to sell... please wait! This is a big move down and most likely a small move up could happen or even a move up to create a double top again....
It did this in the past if you look left on the chart at the same resistance area!!!!!
Anyway, we got another big bear pinbar on another Usd Trade... Eur/Usd! I think its a sell and im waiting to enter because it seems likely that a retracement is due...
So before you decide to sell... please wait! This is a big move down and most likely a small move up could happen or even a move up to create a double top again....
It did this in the past if you look left on the chart at the same resistance area!!!!!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.