Analysis of #
EURUSD
EURUSD
A bullish pattern is the inverted hammer. The only difference being that the upper wick is long, while the lower wick is short.
It indicates a buying pressure, followed by a selling pressure that was not strong enough to drive the market price down. The inverse hammer suggests that buyers will soon have control of the market. If we get an open above or at par with last week's close, we continue going LONG.
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STRATEGY: PRICE ACTION
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EURUSD
EURUSD A bullish pattern is the inverted hammer. The only difference being that the upper wick is long, while the lower wick is short.
It indicates a buying pressure, followed by a selling pressure that was not strong enough to drive the market price down. The inverse hammer suggests that buyers will soon have control of the market. If we get an open above or at par with last week's close, we continue going LONG.
If you found this useful then help us support my page by hitting the LIKE button. If you are not subscribed yet then please feel free to follow my page for daily updates and ideas. Thank you.
STRATEGY: PRICE ACTION
Leave a comment that is helpful or encouraging. Let's master the markets together