This is daily chart on which I marked few important candlestick patterns. We can see here clearly three white soldiers, engulfing candle and doji candle which was rejected after trying to breach psychological level 10k. I marked on the bottom of the chart GAP based on the weekly chart.
I would expect for this pair to reach 0.0022000 level first and then 0.0058000 which give us very very nice risk reward ratio.
That candle marked with yellowish rectangle is very good signal that the previous bottom created strong support. This doji candle suggesting bullish trend.
well I would enter now as I expected this pair to reach .0057. It can go lower but it can also go higher very fast and then it will be hard to catch the movement
raffaelpereira
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Great call!
Krystiannwk
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@raffaelpereira,
well
when the 0.0057 level will be reached it will be good call.:)
Enhancement321
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Great call, bravo!
Krystiannwk
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@Enhancement321,
well
when the 0.0057 level will be reached it will be good call.:)