EURUSD, View next week --> Down?! W1 - Tendency: downward - Candle: Small pinbar --> Down ! D1: - Tendency: upward - However: Test resistance daily and given signal ---> Down H4: - Tendency: Downward - Breakout trendline - Below resistance --> Sell Please support the setup with your likes, comments and by following on TradingView. Thanks
Thank you, good explaining, sharp and clear! Im learning much!
omidtrader1367
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Hahaha...look like that we r on the same track...but for me base on EW counting and u base on supply and demand....anyway im completely agree with u on sell at that price...many pips ahead cheers my colleague wish u luck on this
Al-Kufaishi
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I agree 100%. Trade War tensions are escalating with Canada and China, it may hit the EU too. US GDP up last week and more reports will come out soon this week. GBP went up based on hopes that there will be a deal for Brexit but nothing confirmed yet. GBP moved up cancelled a lot of US gains last week, but this week GBP seems to be heading downward. Sanctions on Iran this week and oil prices should go higher which will further increase demand for US dollar. There are many factors indicating this pair will continue downward. Happy Trading!
Today, im waiting for ur chart about eu :)