From daily chart we can see that there are always swing highs and lows for EUR/USD. This makes me think if I can focus more on reversal patterns, e.g. pin bar.
In this case a pin bar just below the ichimoku cloud is seen, this is interesting and from Fibo analysis, it is also a rejection of the key breakout at 0.618.
Short it and see what will happen.
In this case a pin bar just below the ichimoku cloud is seen, this is interesting and from Fibo analysis, it is also a rejection of the key breakout at 0.618.
Short it and see what will happen.
Trade closed: target reached:
This is good